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An update from China Electronics Optics Valley Union Holding Co., Ltd. ( (HK:0798) ) is now available.
China Electronics Optics Valley Union Holding Co., Ltd. has entered into a new lease agreement, known as the 2025 Lease Agreement, as a continuation of its previous 2021 Lease Agreement that expired on January 25, 2025. The agreement involves Wuhan OVU, a wholly-owned subsidiary of the company, leasing properties from Wuhan CEC, a connected entity under Hong Kong’s Listing Rules. The properties, located in Wuhan, China, are intended for research and development or production facilities and cover an area of 16,727.88 square meters. This transaction, valued at approximately RMB12.70 million, will be recognized as an acquisition of right-of-use assets under IFRS16 and is subject to reporting and announcement requirements.
More about China Electronics Optics Valley Union Holding Co., Ltd.
YTD Price Performance: -4.00%
Average Trading Volume: 388,250
Technical Sentiment Consensus Rating: Buy
Current Market Cap: HK$1.77B
Find detailed analytics on 0798 stock on TipRanks’ Stock Analysis page.