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CIMC Approves New Framework Agreement with Shanghai International Port

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CIMC Approves New Framework Agreement with Shanghai International Port

Confident Investing Starts Here:

An announcement from China International Marine Containers (Group) Co., Ltd Class H ( (HK:2039) ) is now available.

China International Marine Containers (Group) Co., Ltd. announced the resolution from its fifth board meeting in 2025, where it approved a new framework agreement for continuing connected transactions with Shanghai International Port (Group) Co., Ltd. for the years 2025 to 2027. This agreement, which includes annual transaction caps, is deemed fair and reasonable, aligning with the company’s commercial interests and benefiting shareholders. The resolution was unanimously approved by the board and independent directors, highlighting the company’s strategic partnerships and operational continuity.

More about China International Marine Containers (Group) Co., Ltd Class H

China International Marine Containers (Group) Co., Ltd. is a leading company in the marine container industry, primarily involved in the manufacturing and sales of containers and related services. The company focuses on providing comprehensive logistics and energy equipment solutions, catering to a global market.

Average Trading Volume: 4,374,052

Technical Sentiment Signal: Buy

Current Market Cap: HK$38.78B

See more insights into 2039 stock on TipRanks’ Stock Analysis page.

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