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China Sanjiang Fine Chemicals Engages in New Connected Transactions

Story Highlights
  • China Sanjiang Fine Chemicals focuses on fine chemicals in the petrochemical sector.
  • The company entered transactions with Mei Fu and Blue Whale, impacting operations and stakeholders.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
China Sanjiang Fine Chemicals Engages in New Connected Transactions

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China Sanjiang Fine Chemicals Co., Ltd. ( (HK:2198) ) just unveiled an announcement.

China Sanjiang Fine Chemicals Co., Ltd. has entered into continuing connected transactions with Mei Fu Petrochemical and Blue Whale Bioenergy, effective until December 2028. These transactions involve multiple agreements for services and supplies, subject to reporting and approval requirements under Hong Kong’s Listing Rules, impacting the company’s operational and stakeholder dynamics.

The most recent analyst rating on (HK:2198) stock is a Hold with a HK$3.00 price target. To see the full list of analyst forecasts on China Sanjiang Fine Chemicals Co., Ltd. stock, see the HK:2198 Stock Forecast page.

More about China Sanjiang Fine Chemicals Co., Ltd.

China Sanjiang Fine Chemicals Co., Ltd. operates in the chemical industry, focusing on the production and distribution of fine chemicals. The company is involved in various chemical transactions and agreements, particularly in the petrochemical sector.

Average Trading Volume: 3,972,145

Technical Sentiment Signal: Buy

Current Market Cap: HK$3.41B

Learn more about 2198 stock on TipRanks’ Stock Analysis page.

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