China Sanjiang Fine Chemicals Co., Ltd. (HK:2198) has released an update.
TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
China Sanjiang Fine Chemicals Co., Ltd. has entered into a Framework Agreement with Jiahua Energy Chemical Co. to provide pipeline network usage services for 2025, with a deal value capped at RMB5.5 million. This transaction falls under the category of continuing connected transactions, meeting specific reporting and review requirements but exempt from independent shareholder approval. The pricing will adhere to local public pipeline usage standards, paid annually by Jiahua Energy Chemical Co.
For further insights into HK:2198 stock, check out TipRanks’ Stock Analysis page.