China Resources Medical Enters Framework Agreement with Chongqing Energy Healthcare

China Resources Medical Holdings Co ( (HK:1515) ) just unveiled an update.

China Resources Medical Holdings Co has entered into a Sales of Medical Supplies Framework Agreement with Chongqing Energy Healthcare, effective from June 19, 2025, to December 31, 2026. Under this agreement, the company will supply pharmaceuticals and medical supplies to Chongqing Energy Healthcare and its associated entities, with annual caps set at RMB20 million for 2025 and RMB30 million for 2026. This agreement, classified as a continuing connected transaction, is subject to reporting and annual review requirements under Hong Kong’s Listing Rules, but it is exempt from circular and independent shareholders’ approval due to the applicable percentage ratios.

The most recent analyst rating on (HK:1515) stock is a Sell with a HK$3.30 price target. To see the full list of analyst forecasts on China Resources Medical Holdings Co stock, see the HK:1515 Stock Forecast page.

More about China Resources Medical Holdings Co

China Resources Medical Holdings Co is a company involved in the healthcare industry, primarily focusing on providing pharmaceuticals, medical consumables, medical devices, and other related supplies. The company is engaged in the sale and distribution of these products to various healthcare entities, including hospitals and medical institutions.

Average Trading Volume: 7,558,250

Current Market Cap: HK$5.25B

For a thorough assessment of 1515 stock, go to TipRanks’ Stock Analysis page.