Anhui Conch Material Tech Expands Polyether Sales Under New Connected Framework Deal

Anhui Conch Material Technology Co. Ltd. Class H ( (HK:2560) ) has shared an update.

Anhui Conch Material Technology Co., Ltd., through its non-wholly owned subsidiary Ningbo Conch New Material, is expanding its sales of polyether products to connected party Hengguang under a newly signed framework agreement. The company operates in the materials and specialty chemicals space, supplying polyether and related products to industrial clients and associated entities within its shareholder network.

Ningbo Conch New Material and Hengguang first entered a short-term polyether products sales agreement effective from 1 January 2026 to 31 March 2026, with transaction amounts below Hong Kong listing thresholds for connected transaction requirements. In anticipation of rising demand from Hengguang, the parties have now signed a Polyether Products Framework Agreement from 1 April 2026 to 31 December 2026, which will be treated as a continuing connected transaction subject to announcement, reporting and annual review but exempt from circular and independent shareholders’ approval, highlighting growing intra-group business while remaining within mid-range regulatory thresholds.

The most recent analyst rating on (HK:2560) stock is a Hold with a HK$2.00 price target. To see the full list of analyst forecasts on Anhui Conch Material Technology Co. Ltd. Class H stock, see the HK:2560 Stock Forecast page.

More about Anhui Conch Material Technology Co. Ltd. Class H

Anhui Conch Material Technology Co., Ltd. is a mainland China-based materials company listed in Hong Kong that operates through subsidiaries such as Ningbo Conch New Material. The group is involved in the production and sale of specialty chemical materials, including polyether products, serving industrial customers and related parties within its broader corporate group.

Average Trading Volume: 131,035

Technical Sentiment Signal: Strong Sell

Current Market Cap: HK$962.6M

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