CIMC Board Approves Three-Year Connected Transactions Framework with Shenzhen Financial Leasing

The latest announcement is out from China International Marine Containers (Group) Co., Ltd Class H ( (HK:2039) ).

China International Marine Containers (Group) Co., Ltd. announced that its board of directors has approved entering into a new three-year framework agreement with Shenzhen Financial Leasing (Group) Co., Ltd. for the sale and purchase of goods and the provision and receipt of services for the years 2026 to 2028. The board confirmed that the continuing connected/related-party transactions under this framework will be conducted on normal commercial terms or better, in the ordinary course of business, and deemed fair and reasonable and in the interests of all shareholders, with the chairman or his authorized representative empowered to sign the agreement and related documents; the resolution was endorsed by all independent directors, while two connected directors abstained from voting, underscoring the company’s adherence to corporate governance and related-party transaction rules.

The most recent analyst rating on (HK:2039) stock is a Buy with a HK$9.00 price target. To see the full list of analyst forecasts on China International Marine Containers (Group) Co., Ltd Class H stock, see the HK:2039 Stock Forecast page.

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

China International Marine Containers (Group) Co., Ltd. is a PRC-incorporated joint stock company listed in both Shenzhen and Hong Kong, engaged in the broader marine containers and related equipment and services sector through its group subsidiaries, serving global logistics, shipping and industrial clients.

Average Trading Volume: 5,476,217

Technical Sentiment Signal: Strong Buy

Current Market Cap: HK$46.83B

For an in-depth examination of 2039 stock, go to TipRanks’ Overview page.