Dongyue Group Renews Connected-Party Raw Materials and Services Framework with Future Materials
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Dongyue Group Limited has renewed a one-year framework agreement with Future Materials for the sale and purchase of raw materials and services, effective from January 1, 2026, to December 31, 2026. This connected transaction, due to Chairman Mr. Zhang’s stake in Future Materials, allows Dongyue to supply utilities and procure hydrogen-related materials. The deal requires disclosure but not independent shareholder approval, indicating ongoing integration with a key related-party. The latest analyst rating for Dongyue Group (HK:0189) is a Hold with a price target of HK$11.50.
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