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C&D International Renews Procurement Agreement with Xiamen C&D

Story Highlights
  • C&D International focuses on real estate development, sourcing materials from Xiamen C&D.
  • The renewed agreement secures materials for 2026-2028, enhancing operational stability.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
C&D International Renews Procurement Agreement with Xiamen C&D

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C&D International Investment Group Ltd. ( (HK:1908) ) has issued an update.

C&D International Investment Group Ltd. has renewed its Procurement Framework Agreement with Xiamen C&D for the period from January 1, 2026, to December 31, 2028. This agreement facilitates the procurement of raw materials and engineering services necessary for the company’s real estate development projects. The transactions under this agreement are classified as continuing connected transactions under the Listing Rules, requiring reporting and annual review but exempt from independent shareholders’ approval. This renewal ensures a stable supply chain for C&D International’s construction operations, potentially strengthening its market position and operational efficiency.

The most recent analyst rating on (HK:1908) stock is a Buy with a HK$19.00 price target. To see the full list of analyst forecasts on C&D International Investment Group Ltd. stock, see the HK:1908 Stock Forecast page.

More about C&D International Investment Group Ltd.

C&D International Investment Group Ltd. operates in the real estate development industry, focusing on procuring raw materials and engineering services for construction projects. The company collaborates with its controlling shareholder, Xiamen C&D, to source essential materials for its operations.

Average Trading Volume: 4,200,543

Technical Sentiment Signal: Strong Buy

Current Market Cap: HK$36.11B

See more insights into 1908 stock on TipRanks’ Stock Analysis page.

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