China Resources Gas Group (HK:1193) has released an update.
Discover the Best Stocks and Maximize Your Portfolio:
- See what stocks are receiving strong buy ratings from top-rated analysts.
- Filter, analyze, and streamline your search for investment opportunities with TipRanks’ Stock Screener.
China Resources Gas Group has renewed its energy supply agreement with CR Sanjiu Chenzhou, ensuring the continuation of energy services including cooling, heating, steam, and electricity until December 31, 2025. This agreement is significant for the company as it involves connected transactions with a subsidiary of its controlling shareholder, CR Pharmaceutical. The agreement adheres to the Hong Kong Listing Rules, requiring regular reporting and review, but does not necessitate independent shareholder approval.
For further insights into HK:1193 stock, check out TipRanks’ Stock Analysis page.
