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China Daye Calls Special Meeting to Approve Major Connected Transactions and Financial Services Caps

Story Highlights
  • China Daye has called a special general meeting to approve several substantial framework agreements on sales, purchases and services with key related parties through 2028.
  • The company is also seeking approval for high annual caps on these transactions and CNMC deposit services, formalising key revenue, supply and liquidity arrangements for coming years.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
China Daye Calls Special Meeting to Approve Major Connected Transactions and Financial Services Caps

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The latest update is out from China Daye Non-Ferrous Metals Mining Limited ( (HK:0661) ).

China Daye Non-Ferrous Metals Mining Limited has issued a revised notice convening a special general meeting in Hong Kong on 30 January 2026 to seek shareholder approval for a series of major framework agreements governing sales, purchases, production services and financial services with related parties. The resolutions cover the Yangxin Hongsheng Sales Framework Agreement, the Parent Group Purchase and Production Services Framework Agreement, and the CNMC Group Purchase and Production Services Framework Agreement, each with substantial proposed annual caps running through 2028, as well as an amended and restated CNMC Financial Services Framework Agreement that sets large deposit service caps. Collectively, the proposed arrangements are designed to formalise and regulate significant ongoing connected transactions, underpinning the company’s future revenue streams, supply relationships and liquidity management, and will authorise directors to execute the necessary documents to implement these deals, with implications for corporate governance and transparency for shareholders and other stakeholders.

The most recent analyst rating on (HK:0661) stock is a Hold with a HK$0.15 price target. To see the full list of analyst forecasts on China Daye Non-Ferrous Metals Mining Limited stock, see the HK:0661 Stock Forecast page.

More about China Daye Non-Ferrous Metals Mining Limited

China Daye Non-Ferrous Metals Mining Limited is a Hong Kong-listed company incorporated in Bermuda, operating in the non-ferrous metals mining sector. The group is primarily engaged in the production, processing and trading of non-ferrous metal products, positioning itself as part of the broader metals and mining supply chain in mainland China and serving industrial customers that rely on copper and other non-ferrous materials.

Average Trading Volume: 84,174,200

Technical Sentiment Signal: Buy

Current Market Cap: HK$2.17B

Learn more about 0661 stock on TipRanks’ Stock Analysis page.

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