China Overseas Property Holdings Ltd. Renews Material Procurement and Supply Chain Management Agreement

Reuters
29 May
China Overseas Property Holdings Ltd. Renews Material Procurement and Supply Chain Management Agreement

China Overseas Property Holdings Limited has announced the renewal of its Material Procurement and Supply Chain Management Services Agreement with Shenzhen Lingchao Supply Chain Management Co., Ltd. This agreement, dated 22 May 2025, outlines the continuation of transactions between the two entities. The company has further elaborated on its pricing policy, emphasizing a thorough comparison of prices and quality of goods and materials offered by suppliers on the E-commerce System with those from at least two independent third-party suppliers. This process ensures the selection of goods and materials with the best available terms before finalizing any orders. The announcement serves as a supplement to a previous release, maintaining consistency with prior information.

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