China Display Optoelectronics Technology Holdings Ltd (HK:0334) has released an update.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
China Display Optoelectronics Technology Holdings Ltd has announced a revision of its 2024 Purchase Annual Cap from RMB469 million to RMB1.3 billion, approved by shareholders, to meet increasing group demand. Additionally, the company has entered into new agreements slated from 2025 to 2027 with TCL Technology and Huizhou TCL, ensuring the continuation of existing transactions. These changes are significant as they involve connected transactions subject to stringent reporting and approval processes under the Listing Rules due to TCL Technology’s majority stake in the company.
For further insights into HK:0334 stock, check out TipRanks’ Stock Analysis page.
Trending Articles:
Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.
Report an Issue