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China Vanadium Titano-Magnetite Announces Revised Guarantee Caps

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China Vanadium Titano-Magnetite Announces Revised Guarantee Caps

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China Vanadium Titano-Magnetite Mining Co., Ltd. ( (HK:0893) ) has shared an announcement.

China Vanadium Titano-Magnetite Mining Co., Ltd. has announced a renewal of its Master Guarantee Agreement, with revised annual caps for guarantee fees set at RMB930 million for the years ending 2027. This move is part of a major transaction and continuing connected transaction, subject to various reporting and approval requirements under Hong Kong’s Listing Rules. The company aims to secure shareholder approval for these revised caps, which are based on market rates and past financial performance, potentially impacting its financial operations and stakeholder interests.

More about China Vanadium Titano-Magnetite Mining Co., Ltd.

China Vanadium Titano-Magnetite Mining Co., Ltd. is involved in the mining industry, focusing on the extraction and processing of vanadium-bearing titano-magnetite ores. The company operates primarily in China and is listed on the Hong Kong Stock Exchange.

Average Trading Volume: 9,436

Technical Sentiment Signal: Strong Buy

Current Market Cap: €12.84M

For an in-depth examination of 0893 stock, go to TipRanks’ Stock Analysis page.

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