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Chengdu Putian Telecommunications Cable Co., Ltd. Class H ( (HK:1202) ) has provided an update.
Chengdu Putian Telecommunications Cable Co., Ltd. Class H has announced a revision of the annual cap for its previously fully exempt continuing connected transactions under the 2025 29th Research Institute Supply Framework Agreement. The company anticipates an increase in demand due to business development and expansion, prompting the board to propose raising the existing annual cap from RMB2 million to RMB5 million for the financial year ending December 31, 2025. This revision reflects the company’s growth strategy and its impact on operational capacity, while the transactions remain subject to reporting and review requirements under the Listing Rules.
More about Chengdu Putian Telecommunications Cable Co., Ltd. Class H
Average Trading Volume: 265,773
Technical Sentiment Signal: Hold
Current Market Cap: HK$308M
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