China State Construction International inks new financial services deal with CSCF

China State Construction International Holdings Limited has entered into a new financial services agreement with CSCF, effective from January 1, 2026, to December 31, 2028. Under this agreement, CSCF will provide the group with non-exclusive deposit, loan, and other financial services. The maximum daily deposit balance for aggregated deposits placed by the group with CSCF is capped at 1,200 million yuan for each of the three financial years ending December 31, 2028.

As CSCF is a connected person of the company, the transactions constitute continuing connected transactions. The deposit services are a discloseable transaction, subject to notification, announcement, and reporting requirements, but exempt from shareholders' approval under Chapter 14 of the Listing Rules.

The loan and guarantee services are on normal commercial terms or better and are exempt from reporting, announcement, and independent shareholders' approval requirements. Other financial services provided for free are expected to fall within the de minimis threshold.