China Res Beer announced on November 18, 2024, that it has entered into a new IT service supply framework agreement with its related party China Resources Software Holdings, effective from January 1, 2025, to December 31, 2027. This agreement is a renewal of the IT service supply framework agreement made on June 24, 2022, and aims to meet the group's anticipated demand for IT services. China Resources Software Holdings will provide services including maintenance, software purchase, and technical support. The trade is considered a continuous related party transaction, but according to listing rules, it only needs to comply with reporting, announcement, and annual review requirements without the need for independent shareholder approval. The agreement includes an annual cap and will ensure the fairness of the transaction through internal control and corporate governance procedures. China Res Beer stated that this move will help advance the group's digitalization process, improve business efficiency, and support long-term development.

China Res Beer announced on November 18, 2024, that it has entered into a new IT service supply framework agreement with its related party China Resources Software Holdings, effective from January 1, 2025, to December 31, 2027. This agreement is a renewal of the IT service supply framework agreement made on June 24, 2022, and aims to meet the group's anticipated demand for IT services. China Resources Software Holdings will provide services including maintenance, software purchase, and technical support. The trade is considered a continuous related party transaction, but according to listing rules, it only needs to comply with reporting, announcement, and annual review requirements without the need for independent shareholder approval. The agreement includes an annual cap and will ensure the fairness of the transaction through internal control and corporate governance procedures. China Res Beer stated that this move will help advance the group's digitalization process, improve business efficiency, and support long-term development.