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AviChina Industry & Technology Co ( (HK:2357) ) just unveiled an announcement.
AviChina Industry & Technology Co., Ltd. has announced a revision of its annual caps for continuing connected transactions under the Shenyang Xinghua Mutual Product and Service Supply Framework Agreement. Due to the anticipated increase in engineering services transactions with Shenyang Xinghua Group in 2025 and 2026, the company has decided to increase the existing annual caps for revenue transactions to accommodate this growth. This strategic move is expected to enhance AviChina’s operational capabilities and strengthen its industry positioning, while also ensuring compliance with listing rules regarding connected transactions.
The most recent analyst rating on (HK:2357) stock is a Hold with a HK$5.00 price target. To see the full list of analyst forecasts on AviChina Industry & Technology Co stock, see the HK:2357 Stock Forecast page.
More about AviChina Industry & Technology Co
AviChina Industry & Technology Co., Ltd. is a joint stock limited company incorporated in China, primarily engaged in the aviation industry. The company focuses on supplying aviation parts, raw materials, manufacturing and labor services, engineering technology, and project engineering services. Its market focus includes providing these services and products to subsidiaries and connected entities within the aviation sector.
Average Trading Volume: 43,417,227
Technical Sentiment Signal: Strong Buy
Current Market Cap: HK$36.2B
See more data about 2357 stock on TipRanks’ Stock Analysis page.