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Red Star Macalline Expands Contract Management with Jining Hongrui

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Red Star Macalline Expands Contract Management with Jining Hongrui

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Red Star Macalline Group Corporation Ltd Class H ( (HK:1528) ) has issued an announcement.

Red Star Macalline Group Corporation Ltd has entered into a Supplemental Contract Management Agreement with Jining Hongrui, effective from September 29, 2025, to August 31, 2026. This agreement involves providing contract management services for a fixed annual fee, impacting the company’s ongoing connected transactions and requiring adjustments to their annual financial caps, subject to specific regulatory requirements.

More about Red Star Macalline Group Corporation Ltd Class H

Red Star Macalline Group Corporation Ltd is a sino-foreign joint stock company based in the People’s Republic of China, primarily involved in providing contract management services. The company operates within the real estate and retail sectors, focusing on managing commercial properties and related business transactions.

Average Trading Volume: 10,243,596

Technical Sentiment Signal: Sell

Current Market Cap: HK$12.66B

For detailed information about 1528 stock, go to TipRanks’ Stock Analysis page.

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