China Resources Mixc Lifestyle Services renews connected transactions, annual caps

China Resources Mixc Lifestyle Services Limited has announced the renewal of several continuing connected transactions for the period commencing January 1, 2026, and expiring December 31, 2028. This includes the 2026 CR Land Property Management Services Framework Agreement, the 2026 CR Land Value-added Services Framework Agreement, and the 2026 CRH Property Management Services Framework Agreement. Additionally, the company is renewing annual caps under the Amended 2023 CR Land Commercial Operational Services Framework Agreement for the same three-year period, which was previously extended to December 31, 2037.

The proposed annual caps for property management fees received from CR Land for commercial properties are RMB1,035,000 in 2026, RMB1,150,000 in 2027, and RMB1,265,000 in 2028. For residential and other non-commercial properties, the caps are RMB690,000 annually. Service fees from CR Land for value-added services are capped at RMB1,207,500 in 2026, RMB1,265,000 in 2027, and RMB1,322,500 in 2028. Commercial operational services fees from CR Land are capped at RMB3,795,000 in 2026, RMB4,025,000 in 2027, and RMB4,370,000 in 2028.

For CRH, property management fees from commercial properties are capped at RMB345,000 in 2026, RMB402,500 in 2027, and RMB460,000 in 2028. For residential and other non-commercial properties, the caps are RMB632,000 in 2026, RMB747,500 in 2027, and RMB862,500 in 2028. These transactions are subject to Independent Shareholders' approval at an Extraordinary General Meeting scheduled for December 18, 2025.