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China ITS Announces Early Termination of RHY Lease Agreement

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China ITS Announces Early Termination of RHY Lease Agreement

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China ITS Holdings Co., Ltd. ( (HK:1900) ) has provided an announcement.

China ITS Holdings Co., Ltd. has announced the early termination of its 2022 RHY Lease and Property Management Service Agreement with Beijing RHY, effective April 30, 2025. This decision, reached after negotiations, is deemed to be on normal commercial terms and is not expected to adversely affect the company’s business or financial condition.

More about China ITS Holdings Co., Ltd.

China ITS Holdings Co., Ltd. operates in the intelligent transportation systems industry, providing solutions and services that enhance the efficiency and safety of transportation networks. The company focuses on offering integrated solutions for urban and highway transportation management, catering to a wide range of market needs in the transportation sector.

YTD Price Performance: -23.16%

Average Trading Volume: 262,707

Technical Sentiment Signal: Buy

Current Market Cap: HK$251.1M

For an in-depth examination of 1900 stock, go to TipRanks’ Stock Analysis page.

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