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The latest update is out from Binhai Investment Co ( (HK:2886) ).
BHI Tianjin, a subsidiary of Binhai Investment Co., has renewed its workwear procurement arrangement with Tianjin TEDA Supply Chain Management Company Limited, an associate of its controlling shareholder Tianjin TEDA, for a new term running from 1 January 2026 to 31 December 2027. Under the renewed workwear framework agreement, TEDA Supply Chain will continue supplying workwear to the BHI Tianjin group on a purchase-order basis, and the transactions, when aggregated with related office supplies purchases, qualify as continuing connected transactions under Hong Kong Listing Rules, triggering reporting, announcement and annual review obligations but exempting the company from circular issuance and independent shareholders’ approval, thereby formalising an ongoing operational relationship while maintaining a relatively small scale in regulatory terms.
The most recent analyst rating on (HK:2886) stock is a Hold with a HK$1.00 price target. To see the full list of analyst forecasts on Binhai Investment Co stock, see the HK:2886 Stock Forecast page.
More about Binhai Investment Co
Binhai Investment Co., incorporated in Bermuda and listed in Hong Kong, operates through its subsidiary BHI Tianjin and is ultimately controlled by Tianjin TEDA, which holds about 42.22% of its issued shares. The group engages in businesses that require ongoing procurement of workwear and office-related supplies, relying in part on TEDA’s affiliated supply chain operations for these needs under connected transaction arrangements governed by Hong Kong’s Listing Rules.
Average Trading Volume: 140,811
Technical Sentiment Signal: Buy
Current Market Cap: HK$1.59B
For a thorough assessment of 2886 stock, go to TipRanks’ Stock Analysis page.