Freetech (06888.HK) announced that on June 26, 2024, the relevant transactions between Tianjin Expressway Maintenance Co. Ltd. (an indirectly non-wholly-owned subsidiary of the company) and Tianjin Expressway Group based on a project and a one-time transaction benchmark will be implemented and several service agreements will be signed.
The announcement stated that the related transactions between Tianjin Expressway Maintenance and Tianjin Expressway Group were reached in the course of the group's general and daily business. Given the long-term stable business relationship between Tianjin Expressway Maintenance and Tianjin Expressway Group, the above-mentioned transactions can provide a stable business environment and operating tools for Tianjin Expressway Maintenance as a whole, thus making stable contributions to the company and its shareholders.