Prosper Construction Holdings Limited ( (HK:6816) ) has issued an announcement.
Prosper Construction Holdings Limited announced that its subsidiary, Dongjie Construction, has entered into an Engineering Services Framework Agreement with Big Data Company. This agreement, effective from May 8, 2025, outlines the provision of software development and construction automation services by Big Data Company to Dongjie Construction, with an annual cap of RMB9,270,000. As Big Data Company is a controlled subsidiary of Haifa Group, which holds a significant stake in Prosper Construction, this transaction is classified as a continuing connected transaction under Hong Kong’s Listing Rules. The agreement is subject to annual review and reporting requirements but does not require independent shareholders’ approval, reflecting its strategic importance in enhancing the company’s service offerings and operational capabilities.
More about Prosper Construction Holdings Limited
Prosper Construction Holdings Limited operates in the construction industry, focusing on engineering services. The company is involved in providing software development and construction automation engineering project services, with a market focus on infrastructure projects such as parks, communities, hospitals, hotels, and office buildings.
Average Trading Volume: 79,866
Technical Sentiment Signal: Strong Sell
Current Market Cap: HK$68.8M
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