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Chengdu Putian Telecommunications Cable Co., Ltd. Class H ( (HK:1202) ) just unveiled an update.
Chengdu Siwi Science and Technology Company Limited has entered into a Siwi High Tech Framework Purchase Agreement with Siwi High Tech, a direct controlling shareholder, to purchase accessories, cables, and cable joints for high and low frequency components. This agreement, effective from January 1, 2026, to December 31, 2026, is categorized as a continuing connected transaction under Hong Kong’s Listing Rules. The transaction is subject to reporting and annual review but is exempt from independent shareholder approval due to the applicable percentage ratios. The pricing and payment terms will be negotiated on an arm’s length basis, ensuring they are no less favorable than market levels.
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.