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Chengdu Putian Telecommunications Cable Co., Ltd. Class H ( (HK:1202) ) has shared an update.
Chengdu Putian Telecommunications Cable Co., Ltd. has announced a revision of the annual cap for its continuing connected transactions under the 2025 Seekon Microwave Supply Framework Agreement. The company anticipates increased demand due to business development and expansion, prompting a revision of the existing annual cap to RMB5 million for the financial year ending December 31, 2025. Additionally, the company has entered into the 2026 Seekon Microwave Supply Framework Agreement to continue supplying accessories, optic products, and related services to Seekon Microwave from January 1, 2026, to December 31, 2026. These transactions are subject to reporting, annual review, and announcement requirements under the Listing Rules, but are exempt from independent shareholders’ approval.
The most recent analyst rating on (HK:1202) stock is a Hold with a HK$1.00 price target. To see the full list of analyst forecasts on Chengdu Putian Telecommunications Cable Co., Ltd. Class H stock, see the HK:1202 Stock Forecast page.
More about Chengdu Putian Telecommunications Cable Co., Ltd. Class H
Average Trading Volume: 113,920
Technical Sentiment Signal: Buy
Current Market Cap: HK$356M
For an in-depth examination of 1202 stock, go to TipRanks’ Overview page.