tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Chengdu Siwi Revises Annual Cap and Renews Supply Agreement

Story Highlights
Chengdu Siwi Revises Annual Cap and Renews Supply Agreement

TipRanks Black Friday Sale

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

Chengdu Siwi Science and Technology Company Limited has announced a revision to its annual cap for continuing connected transactions under the 2025 23rd Research Institute Supply Framework Agreement. The company anticipates that its demand for accessories, cables, and cable joints will exceed previous projections, prompting an increase in the annual cap to RMB14 million for the year ending December 31, 2025. Additionally, the company has entered into a new agreement with the 23rd Research Institute for the supply of these components for the year 2026, ensuring continuity of supply and operations.

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

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1