Invest with Confidence:
- Follow TipRanks' Top Wall Street Analysts to uncover their success rate and average return.
- Join thousands of data-driven investors – Build your Smart Portfolio for personalized insights.
An announcement from China Sanjiang Fine Chemicals Co., Ltd. ( (HK:2198) ) is now available.
China Sanjiang Fine Chemicals Co., Ltd. has entered into a Management Agreement with Grand Novel, effective from January 23, 2025, to December 31, 2027, for the provision of management services. This agreement involves Grand Novel assisting the company in maintaining and developing overseas supplier relationships for essential chemical supplies. The agreement is classified as a continuing connected transaction under Hong Kong’s Listing Rules, requiring reporting and annual review but exempt from independent shareholders’ approval due to the applicable percentage ratios.
More about China Sanjiang Fine Chemicals Co., Ltd.
China Sanjiang Fine Chemicals Co., Ltd. operates in the chemical industry, focusing on the procurement and supply of chemical products such as ethane, propane, butane, methanol, and silver. The company is involved in maintaining and developing relationships with overseas suppliers to ensure the sustainability of these supplies.
YTD Price Performance: 3.57%
Average Trading Volume: 335,508
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: HK$2.04B
Find detailed analytics on 2198 stock on TipRanks’ Stock Analysis page.
