Core Viewpoint - The announcement indicates that a wholly-owned subsidiary of the company has signed a framework agreement with Hong Kong Broadband to provide cybersecurity products and solutions until December 31, 2028, which is expected to enhance the company's presence in the Hong Kong and Macau markets [1] Group 1 - The transaction limits for the years 2026 to 2028 are set at HKD 32 million, HKD 32 million, and HKD 38 million respectively [1] - Both parties are ultimately controlled by China Mobile Group, making this transaction a related party transaction [1] - The agreement has been approved by the board of directors and does not require shareholder approval [1] Group 2 - Hong Kong Broadband is reported to have a good operational and financial status, which supports the viability of the transaction [1] - There have been no related party transactions between the two parties from the beginning of the year until the date of disclosure [1]
启明星辰:子公司与香港宽频签框架协议,三年交易上限近亿港元