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Anhui Conch Material Technology Co. Ltd. Class H ( (HK:2560) ) has issued an announcement.
Anhui Conch Material Technology Co., Ltd. has announced an extraordinary general meeting to approve several new agreements, including the New Conch Cement Cement Admixtures Supply Agreement, the New Conch Cement Concrete Admixtures Framework Agreement, and the New Export Sales and Services Framework Agreement, with respective annual caps of RMB700 million, RMB160 million, and RMB90 million for the year ending 2026. Additionally, the company plans to abolish its Supervisory Committee, indicating a significant restructuring in its governance framework, which could impact its operational dynamics and stakeholder relationships.
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 company based in the People’s Republic of China, operating in the materials technology sector. The company is involved in the production and supply of cement and concrete admixtures, with a focus on enhancing construction materials and services.
Average Trading Volume: 169,241
Technical Sentiment Signal: Strong Sell
Current Market Cap: HK$1.01B
See more data about 2560 stock on TipRanks’ Stock Analysis page.