Core Viewpoint - Hongyang Services (01971.HK) announced the termination of the new parking space sales and leasing agency service framework agreement with Hongyang Real Estate, effective February 4, 2026, after mutual agreement due to business planning and operational complexities [1] Group 1 - The company signed two agreements with Hongyang Real Estate on December 8, 2025, regarding new parking space sales and leasing agency services and new property management services [1] - The decision to terminate the parking space sales and leasing agency service framework agreement was based on considerations of funding costs, potential revenue, and the complexity of obtaining necessary approvals [1] - Following the termination, the company will no longer act as an agent for the sale of parking spaces for Hongyang Real Estate [1]