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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 a 2025 Framework Agreement with Tianrui Group Company and Tianrui Cement to provide mutual guarantees for bank loans and corporate bonds from 2026 to 2028. This agreement, which involves significant financial commitments, is classified as a major transaction and continuing connected transaction under Hong Kong’s Listing Rules, requiring independent shareholders’ approval and general disclosure obligations.
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 incorporated in the Cayman Islands with limited liability. It operates in the cement industry, focusing on the production and distribution of cement products. The company is a significant player in its market, with a controlling shareholder, Tianrui Group Company, holding approximately 52.78% of its shares.
YTD Price Performance: -11.94%
Average Trading Volume: 8,505,039
Technical Sentiment Signal: Sell
Current Market Cap: HK$909.6M
For detailed information about 1252 stock, go to TipRanks’ Stock Analysis page.