Chanjet Information Technology Co., Ltd. Class H (HK:1588) has released an update.
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Chanjet Information Technology Co., Ltd. has announced the renewal of its Property Leasing Framework Agreement with Yonyou, its controlling shareholder, starting January 1, 2025, and lasting until December 31, 2027. This move aligns with Chanjet’s business development needs and involves transactions classified as continuing connected transactions under Hong Kong Listing Rules. Despite the scale of the agreement, it remains exempt from independent shareholders’ approval, requiring only reporting and annual review.
For further insights into HK:1588 stock, check out TipRanks’ Stock Analysis page.