Group 1 - Poly Property announced a framework agreement for the second phase of parking space agency services with its controlling shareholder, Poly Development Holdings, effective for three years from the date of approval at the extraordinary general meeting [1] - Poly Development Holdings holds a 72.289% stake in Poly Property, making this transaction a continuing connected transaction that requires disclosure and independent shareholder approval [1] - The agreement stipulates that Poly Property will provide exclusive agency services for the rental and sale of parking spaces to Poly Development Holdings, with a maximum annual deposit limit of 2 billion yuan from 2026 to 2029, and agency service fees capped at 500 million yuan for 2026-2028 and 125 million yuan for 2029 [1]