China Resources Mixc Lifestyle Services Limited (Stock Code: 1209) released an announcement regarding the renewal of a series of continuing connected transactions commencing in 2026. These arrangements encompass property leasing, procurement, parking space operations, advisory services, membership operation and marketing services, commercial operational services, property management services, value-added services, and deposit and financial services agreements entered into with connected entities including China Resources Land (Stock Code: 1109), China Resources (Holdings) Company Limited, China Resources Bank of Zhuhai, and China Resources Capital. The announcement also covers revised annual caps under the amended 2023 CR Land Commercial Operational Services Framework Agreement.

According to the company’s disclosure, certain transactions remain partially exempt from independent shareholder approval but maintain reporting and announcement obligations under the Listing Rules. Other transactions exceed the applicable percentage thresholds, making them subject to reporting, announcement, annual review, and independent shareholder approval requirements. A circular detailing the relevant ongoing connected transactions and new annual caps will be provided to shareholders on or before 19 November 2025.

The updated agreements aim to streamline the property-related services the company both provides and receives, optimize procurement and resource allocation, and secure stable revenues through extended cooperation with connected counterparts. The company’s board, excluding any directors who have interests in the involved discussions, believes that all confirmed terms have been negotiated at arm’s length on normal commercial terms or better. The proposed arrangements, once approved where required, will continue to regulate key operational and financial transactions of China Resources Mixc Lifestyle Services Limited through the end of 2028.