NEUTECH GROUP (09616.HK): Guangdong Neusoft Institute enters supplementary agreement on construction contract, price fixed at RMB 105.72 million

NewTimeSpace News: On 24 August 2026, Neutech Group Limited (stock code: 09616) announced that Guangdong Neusoft Institute (the Guangdong Institute), a consolidated affiliated entity of the Company, entered into a supplementary agreement with Dalian Huayu Construction Group Co., Ltd. (Huayu Construction) after trading hours on the same day, adjusting the price of the construction contract for the Guangdong Institute to a fixed total of RMB 105.72 million (tax inclusive).

The construction contract, disclosed in the announcement dated 19 November 2025, covers the general contracting works for Buildings D and E of the International Exchange Center project of the Guangdong Institute, with an original provisional total consideration of RMB 98 million (tax inclusive). The announcement stated that upon completion of the construction drawings, the two parties would determine the fixed price by way of a supplementary agreement, and the fixed price was expected not to exceed RMB 107 million (tax inclusive).

Accordingly, the supplementary agreement fixes the contract price at RMB 105.72 million (tax inclusive), within the previously disclosed upper limit.

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