China Resources Land renews seven key inter-company agreements

China Resources Land Limited has renewed six existing continuing connected transaction framework agreements and introduced one new agreement, effective January 1, 2026, for three years ending December 31, 2028. These include agreements for framework loans, strategic cooperation with CR Bank and CR Trust, finance leasing and factoring services, IT products and services procurement, construction management services, and leased property projects.

The 2025 Framework Loan Agreements set annual lending caps of RMB6,000m for each year from 2026 to 2028. The 2025 CR Bank Strategic Cooperation Agreement has a maximum daily deposit cap of RMB5,500m for the same period and a maximum daily amount of other financial services and products of RMB4,000m. The 2025 Lease Financing and Factoring Services Framework Agreement anticipates service fees and commissions of RMB2,000m annually.

Additionally, the 2025 IT Products and Services Procurement Framework Agreement projects transaction amounts of RMB350m for 2026 and 2027, increasing to RMB400m for 2028. The 2025 Construction Management Services Framework Agreement and 2025 Value-added Services Framework Agreement each have a transaction amount cap of RMB210m and RMB700m, respectively, for each year from 2026 to 2028. The 2025 Leased Property Projects Framework Agreement projects transaction amounts for leased properties of RMB725m in 2026, RMB782.5m in 2027, and RMB840m in 2028.