C&D INTL GROUP(HK:01908) Sou Hu Cai Jing·2025-12-17 09:59Core Viewpoint - Jianfa International Group (01908) has signed a renewed procurement framework agreement with Xiamen Jianfa, effective from January 1, 2026, to December 31, 2028, for the procurement of construction materials and engineering services for real estate development [1] Group 1: Stock Performance - As of December 17, 2025, Jianfa International Group's stock closed at 17.19 yuan, up 1.84% from the previous trading day [1] - The stock opened at 16.99 yuan, reached a high of 17.27 yuan, and a low of 16.81 yuan, with a trading volume of 244 million yuan [1] - The stock's 52-week high is 19.19 yuan and the low is 10.57 yuan [1] Group 2: Procurement Agreement Details - The renewed procurement framework agreement involves purchasing construction materials and engineering services from Xiamen Jianfa, which is the controlling shareholder of the company [1] - The related procurement costs for the two years ending December 31, 2024, and for the nine months ending September 30, 2025, are projected to be 333 million yuan, 343 million yuan, and 259 million yuan respectively [1] - The annual transaction cap for the next three years is set at 800 million yuan, with a limit of 700 million yuan for material procurement and 100 million yuan for engineering services [1] - The board believes the transaction is conducted on normal commercial terms and is in the overall interest of the company and its shareholders [1]