China Galaxy Securities Co., Ltd. (06881) issued a further announcement regarding continuing connected transactions under a Securities and Financial Products Transactions Framework Agreement. The original announcement, dated 23 December 2025, noted that these transactions are subject to reporting, announcement, and annual review requirements under the Hong Kong Listing Rules, although they are exempt from independent shareholders’ approval under Chapter 14A.
According to the latest announcement dated 23 January 2026, the company clarified that, in compliance with the SSE Listing Rules, these transactions must be considered and approved at a shareholders’ meeting. As such, an extraordinary general meeting will be convened, and a corresponding circular will be distributed.
The announcement also reaffirmed that, for each of the three years ending 31 December 2028, the total contract amount for the subscription or redemption of securities and financial products under individual agreements will not exceed the total net inflow/outflow as disclosed in the current framework agreement. All other information in the earlier announcement remains unchanged.
