SIHL Subsidiary Signs One-Year Procurement Framework Agreement with Shanghai Pharmaceuticals Holding

Shanghai Industrial Holdings Limited (SIHL) announced that its subsidiary, Wing Fat Printing, signed a one-year Procurement Framework Agreement with Shanghai Pharmaceuticals Holding, effective from January 1, 2026. This agreement is classified as a continuing connected transaction under Hong Kong Listing Rules, requiring reporting and annual review but exempt from independent shareholders’ approval. No Directors had a material interest in the agreement, although some abstained from voting on related Board resolutions.