Chengdu SIWI Enters Production Agreement with Rongwei Electronic Technology

Chengdu Putian Telecommunications Cable Co., Ltd. Class H ( (HK:1202) ) has shared an update.

Chengdu SIWI Science and Technology Company Limited has entered into a Production Framework Agreement with Rongwei Electronic Technology for the supply of high and low frequency cable assemblies. This agreement, effective from March 28, 2025, to December 31, 2026, involves continuing connected transactions under the Hong Kong Listing Rules. The transactions are subject to reporting and annual review requirements but are exempt from independent shareholders’ approval. The agreement aims to ensure market-competitive pricing and terms, with a proposed annual cap of RMB 5,000,000 for each year of the agreement.

More about Chengdu Putian Telecommunications Cable Co., Ltd. Class H

Chengdu Putian Telecommunications Cable Co., Ltd. Class H, operating under the name Chengdu SIWI Science and Technology Company Limited, is a sino-foreign joint stock company based in the People’s Republic of China. The company specializes in the production and supply of high and low frequency cable assemblies, focusing on telecommunications and electronic technology markets.

YTD Price Performance: -5.00%

Technical Sentiment Signal: Sell

Current Market Cap: €35.26M

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