Shenzhen Heungkong Holding Co., Ltd.SSE: 600162

(600162)"Shenzhen Heungkong Holding Co., Ltd."Announcement on Signing of a Computing Power Technical Services Contract by a Wholly-Owned Subsidiary and Related Party Transactions

· Issued by Shenzhen Heungkong Holding Co., Ltd. via Shanghai Stock Exchange

Filed with SSE · Stock code 600162 · · 5 pages · Chinese

Summary by 6ix AI

Shenzhen Heungkong Holding Co., Ltd. announced the signing of a computing power technical services contract by its wholly-owned subsidiary, Guangzhou Heungkong Yunhan Technology Co., Ltd., with a related party, Shenzhen Chengyatai Technology Co., Ltd. The contract involves providing comprehensive high-level technical services for IT equipment and has a service period of five years. The decision was approved by the board, with related directors abstaining from the vote, and the contract is not classified as a major asset restructuring. The company highlighted potential risks associated with the long-term contract execution, including legal and market uncertainties.

Written in English by 6ix AI from the company’s Chinese-language filing. How 6ix writes summaries

On 6ix: 6ix.com/news/600162shenzhen-heungkong-holding-co-ltdannouncement-on-signing-of-a-computing-power-technical-services-contract-by-a-wholly-owned-subsidiary-and-related-party-transactions

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Announcement on Signing of a Computing Power Technical Services Contract by a Wholly-Owned Subsidiary and Related Party Transactions

The abstract is for reference only. Please refer to the full text of the announcement on the very day.

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