Nanfang Communication Holdings Signs RMB38.25 Million Contract for Industrial Park Development

Reuters

Feb 13

Nanfang Communication Holdings Signs RMB38.25 Million Contract for Industrial Park Development

Nanfang Communication Holdings Ltd. has announced the signing of a construction contract for the development of the Nanfang Science and Technology Ecological Industrial Park. The contract, valued at RMB38.25 million, was entered into on 13 February 2026 between Nanfang Communication, an indirect wholly-owned subsidiary of the company, and the appointed contractor. In addition to the construction fee, Nanfang Communication will pay approximately RMB2.1 million as an Infrastructure Facilities Fee to the Housing and Urban-Rural Development Bureau of Wujin District by the end of February 2026. The project involves the renovation and redevelopment of the company’s former factory sites. The transaction is classified as discloseable under the Hong Kong Listing Rules, as the relevant percentage ratios exceed 5% but are below 25%.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Nanfang Communication Holdings Ltd. published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260213-12025150), on February 13, 2026, and is solely responsible for the information contained therein.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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