Zhongxin Fruit and Juice Expects Non-Renewal of Interested-Person Transaction Mandate to Affect Operations, Financial Performance
Bitget2026/11/02 10:56- Zhongxin Fruit and Juice expects operational and financial impacts from the non-renewal of its interested-person transaction mandate at the October 27 AGM.
- New transactions with interested persons above Catalist thresholds now require prior shareholder approval.
- The group relies substantially on majority shareholder SDIC Zhonglu Fruit Juice and its associates for product sales and distribution.
- Mitigating measures will be explored with SDIC Zhonglu; their effectiveness and implementation speed will determine the impact.
- Management will reassess with results for the six months ending December 31, 2026, issuing profit guidance if required.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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