Meet Samuel – Your Personal Investing Prophet
- Start a conversation with TipRanks’ trusted, data-backed investment intelligence
- Ask Samuel about stocks, your portfolio, or the market and get instant, personalized insights in seconds
China Electronics Optics Valley Union Holding Co., Ltd. ( (HK:0798) ) just unveiled an announcement.
China Electronics Optics Valley Union Holding Company Limited has entered into a new 2026 Financial Services Agreement with CEC Finance to renew deposit services previously provided under a 2023 agreement, which is due to expire on 29 June 2026. The new arrangement sets annual caps on the deposit services for the three years ending 29 June 2029 and remains subject to approval by independent shareholders at a forthcoming general meeting.
Because CEC Finance is a subsidiary of substantial shareholder China Electronics Corporation, the renewed deposit services constitute continuing connected transactions under Hong Kong Listing Rules. As the relevant percentage ratios exceed 5% but are below 25%, the deal triggers reporting, announcement, annual review and independent shareholders’ approval requirements, and the company plans to circulate detailed documentation, including independent advice, to shareholders by 9 June 2026.
More about China Electronics Optics Valley Union Holding Co., Ltd.
China Electronics Optics Valley Union Holding Company Limited is a Hong Kong-listed company with a substantial shareholding held indirectly by China Electronics Corporation, a major state-linked group. Through its affiliation with CEC and access to CEC Finance, a non-banking financial institution regulated by the NFRA, the company leverages group financial services to support its operations and treasury management.
Average Trading Volume: 403,733
Technical Sentiment Signal: Sell
Current Market Cap: HK$1.36B
See more data about 0798 stock on TipRanks’ Stock Analysis page.