China Resources Building Materials Technology (HKG:1313) said it renewed a value-added services framework agreement with its associate China Resources Mixc Lifestyle Services (HKG:1209), according to a Hong Kong bourse filing Tuesday.
Shares of China Resources Building gained over 1% in morning trade Wednesday.
Under the renewal, CR Mixc Lifestyle will continue to provide corporate administrative and other services to China Resources Building for a period lasting up to Dec. 31, 2028.
The agreement has a proposed annual cap of 50 million yuan.
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