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Brilliance China Automotive Holdings ( (HK:1114) ) has issued an announcement.
Brilliance China Automotive Holdings Limited has announced additional information on its Continuing Connected Transactions under the Shenyang Automobile CCT Agreements. Key aspects include pricing for renovation and disposal services, determined on a cost-plus basis with specified margins. The agreements aim to facilitate office relocation and factory upgrades, ensuring competitive pricing by referencing independent third-party transactions. This move is expected to enhance operational efficiency and maintain favorable market positioning.
More about Brilliance China Automotive Holdings
Brilliance China Automotive Holdings Limited operates in the automotive industry, primarily focusing on the manufacture and sale of automotive components and vehicles. The company is involved in agreements concerning factory renovations, maintenance, cleaning services, and the procurement of automotive components.
YTD Price Performance: -4.26%
Average Trading Volume: 9,000
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $2.36B
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