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Red Star Macalline signs supplemental management contract with Jining Hongrui worth RMB 1.5 million a year

PUBT·08/28/2026 13:52:27
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Red Star Macalline signs supplemental management contract with Jining Hongrui worth RMB 1.5 million a year
  • Red Star Macalline signed a supplemental contract management agreement with Jining Hongrui covering Sept. 1, 2026 to Aug. 31, 2027.
  • The agreement sets a fixed annual management fee of RMB 1.5 million.
  • The fee will be paid in two tranches of RMB 750,000 due by Sept. 15, 2026 and March. 15, 2027.
  • The annual caps for management fees from Jining Hongrui were set at RMB 1.5 million for 2026 and RMB 1 million for the eight months ending Aug. 31, 2027.
  • The group’s aggregated annual caps for contract management transactions rise to RMB 10.43 million for 2026 and RMB 7.13 million for 2027.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Red Star Macalline Group Corp. Ltd. published the original content used to generate this news brief via IIS, the regulatory disclosure system operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260828-12306690), on August 28, 2026, and is solely responsible for the information contained therein.