Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
China Lesso Group Holdings ( (HK:2128) ) just unveiled an announcement.
China Lesso Group Holdings has entered into a three-year Accessories Co-operation Agreement with Guangdong Liansu Electric, a company indirectly wholly owned by its chairman and controlling shareholder Mr. Wong, for the possible purchase of electronic accessories from 1 January 2026 to 31 December 2028 at prices no higher than those offered by independent third parties. The arrangement is classified as a non-exempt continuing connected transaction under Hong Kong listing rules, triggering reporting and disclosure obligations but not requiring independent shareholders’ approval, underscoring the group’s continued reliance on related-party sourcing while operating within regulatory safeguards on pricing and governance.
The most recent analyst rating on (HK:2128) stock is a Hold with a HK$5.00 price target. To see the full list of analyst forecasts on China Lesso Group Holdings stock, see the HK:2128 Stock Forecast page.
More about China Lesso Group Holdings
China Lesso Group Holdings Limited is a Hong Kong-listed company engaged in manufacturing and supplying building-related products, including electronic accessories, with operations and sourcing relationships in mainland China. The group leverages connected entities for certain supplies while remaining subject to Hong Kong listing rules on connected transactions.
Average Trading Volume: 6,657,455
Technical Sentiment Signal: Buy
Current Market Cap: HK$13.83B
See more insights into 2128 stock on TipRanks’ Stock Analysis page.