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An update from Chengdu Putian Telecommunications Cable Co., Ltd. Class H ( (HK:1202) ) is now available.
Chengdu Siwi Science and Technology Company Limited, a sino-foreign joint stock company in China, has entered into a Sales Framework Agreement with the 23rd Research Institute, a subsidiary of China Electronics Technology. This agreement involves the supply of components, optic products, and related services for one year starting January 2026. The transactions are considered continuing connected transactions under Hong Kong’s Listing Rules, requiring reporting and annual review but exempt from independent shareholder approval. The pricing will be based on market rates, ensuring terms are comparable to those offered to independent third parties.
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
Learn more about 1202 stock on TipRanks’ Stock Analysis page.