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Chengdu Putian Telecommunications Signs Supply Agreement with 51st Research Institute

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Chengdu Putian Telecommunications Signs Supply Agreement with 51st Research Institute

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Chengdu Putian Telecommunications Cable Co., Ltd. Class H ( (HK:1202) ) just unveiled an announcement.

Chengdu Putian Telecommunications Cable Co., Ltd. has entered into a Supply Framework Agreement with the 51st Research Institute, a subsidiary of China Electronics Technology, to supply optical cable assemblies and optical device sub-modules from November 2025 to December 2026. This agreement constitutes continuing connected transactions under Hong Kong’s Listing Rules, requiring reporting and annual review but exempting independent shareholders’ approval. The pricing will be based on prevailing market rates, ensuring competitiveness and alignment with market conditions.

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

Chengdu Putian Telecommunications Cable Co., Ltd. Class H operates in the telecommunications industry, focusing on the production and supply of optical cable assemblies and optical device sub-modules. The company is involved in providing these products to various entities, including research institutes, as part of its market focus.

Average Trading Volume: 113,920

Technical Sentiment Signal: Buy

Current Market Cap: HK$356M

For detailed information about 1202 stock, go to TipRanks’ Stock Analysis page.

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