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China Tianrui Group Cement Co., Ltd. ( (HK:1252) ) has shared an announcement.
China Tianrui Group Cement Co., Ltd. has entered into two major agreements, the 2025 Deposit Services Agreement and the 2025 Financial Services Agreement, with its subsidiary Tianrui Finance. These agreements, effective from January 2026 to December 2028, involve the provision of deposit, credit, and settlement services to the Cement Group. The transactions are categorized as continuing connected transactions under Hong Kong’s Listing Rules, requiring compliance with reporting and approval requirements. The agreements are expected to enhance the company’s financial operations and maintain favorable terms compared to other commercial banks in the PRC.
The most recent analyst rating on (HK:1252) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on China Tianrui Group Cement Co., Ltd. stock, see the HK:1252 Stock Forecast page.
More about China Tianrui Group Cement Co., Ltd.
China Tianrui Group Cement Co., Ltd. is a company in the cement industry, primarily involved in the production and distribution of cement products. The company focuses on providing financial and deposit services through its subsidiary, Tianrui Finance, to support its operations and market presence.
YTD Price Performance: -11.94%
Average Trading Volume: 8,505,039
Technical Sentiment Signal: Sell
Current Market Cap: HK$909.6M
See more insights into 1252 stock on TipRanks’ Stock Analysis page.