Lemo Services Co. Ltd. has announced the formation of a joint venture with Shanghai Maoyihui Consulting Management Partnership Enterprise. The new joint venture will focus on providing mechanical massage services in office settings. Under the agreement signed on February 12, 2026, Lemo Services brings its expertise in deploying mechanical massage equipment in public venues across China, while Shanghai Maoyihui serves as an investment platform. The transaction is classified as a connected transaction under Hong Kong Stock Exchange rules, subject to reporting and announcement requirements but exempt from circular and independent shareholder approval. The company's board considers the terms fair and in the interests of shareholders.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Lemo Services Co. Ltd. published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260212-12023191), on February 12, 2026, and is solely responsible for the information contained therein.
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