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An announcement from Binhai Investment Co ( (HK:2886) ) is now available.
Binhai Investment Co has announced the renewal of its Galvanized Steel Pipes Framework Agreement with Tianjin TEDA Supply Chain Management Company Limited. This agreement, effective from July 21, 2025, to August 31, 2026, allows TEDA Supply Chain to continue providing galvanized steel pipes to BHI Tianjin Group. The transactions are considered continuing connected transactions under the Listing Rules, due to TEDA’s status as a controlling shareholder. While the transactions are subject to reporting, announcement, and annual review requirements, they are exempt from circular and independent shareholders’ approval requirements.
More about Binhai Investment Co
Average Trading Volume: 300,095
Current Market Cap: HK$1.47B
Learn more about 2886 stock on TipRanks’ Stock Analysis page.