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China Tobacco International HK Renews Tobacco Leaf Supply Agreement With CTI North America for 2027-2029

PUBT·11/09/2026 14:26:09
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China Tobacco International HK Renews Tobacco Leaf Supply Agreement With CTI North America for 2027-2029
  • China Tobacco International HK's board endorsed three connected-transaction agreement renewals covering January 1, 2027, through December 31, 2029.
  • Tobacco leaf procurement from CTI North America carries a proposed 2029 annual cap of HK$ 1.87 billion.
  • Tobacco leaf export agency agreements have a proposed 2029 commission cap of HK$ 1.53 million.
  • Cigarette procurement for exports to new regions has a 2029 annual cap of HK$ 23.95 million.
  • The tobacco leaf agreements require independent shareholder approval; Chairman Li Bin abstained from voting on all three renewals.


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. China Tobacco International HK Co. 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-20261109-12406243), on November 09, 2026, and is solely responsible for the information contained therein.