On 11 February 2026, China Conch Environment Protection Holdings Limited (stock code: 587) released a circular announcing proposed renewal of continuing connected transactions and the first extraordinary general meeting of 2026, scheduled on 6 March 2026 at 10:00 a.m.
According to the circular, the company intends to renew and combine the previous agreements by entering into the 2026 Industrial Solid and Hazardous Waste Treatment Comprehensive Framework Agreement with Conch Cement (on behalf of the Conch Cement Group) and the 2026 Engineering Design Services Framework Agreement with Conch Design Institute. The new frameworks will be effective from 1 January 2026 to 31 December 2028, subject to shareholders’ approval.
The Industrial Solid and Hazardous Waste Treatment Comprehensive Framework Agreement includes industrial solid and hazardous waste treatment services, procurement of project equipment, and entrusted production and operation management. Proposed annual caps for these services range respectively from RMB80.0 million to RMB95.0 million, from RMB12.0 million to RMB22.0 million, and from RMB27.5 million to RMB30.0 million over the three-year term.
The Engineering Design Services Framework Agreement with Conch Design Institute covers engineering design or technology modification services for industrial waste treatment projects, with proposed annual caps rising from RMB8.0 million in 2026 to RMB15.0 million in 2028.
As disclosed, Conch Cement—together with its subsidiaries and parties acting in concert—will abstain from voting at the upcoming extraordinary general meeting. The board has recommended eligible shareholders to vote on the resolutions pertaining to these proposed agreements and annual caps. Shareholders are advised to review the circular in detail for the full terms and attend or vote by proxy on 6 March 2026.
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