tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

CMIC Ocean En-Tech Extends Key Agreements with CM Industry

Story Highlights
  • CMIC Ocean En-Tech renews agreements with CM Industry to continue operations until 2028.
  • The agreements’ renewal is a strategic move to enhance market position, subject to regulatory requirements.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
CMIC Ocean En-Tech Extends Key Agreements with CM Industry

TipRanks Black Friday Sale

An announcement from CMIC Ocean En-Tech Holding Co ( (HK:0206) ) is now available.

CMIC Ocean En-Tech Holding Co., operating in the energy technology sector, focuses on product sales, structural parts procurement, vessels management services, and leasing. The company has renewed its agreements with CM Industry to continue these operations until 2028. The renewal of these agreements, including the Master Supply and Purchase Agreement, Master Vessels Chartering and Management Services Agreement, and Master Lease Agreement, signifies a strategic move to maintain and enhance its market position. These agreements are subject to various regulatory requirements, reflecting their significance in the company’s operational framework.

The most recent analyst rating on (HK:0206) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on CMIC Ocean En-Tech Holding Co stock, see the HK:0206 Stock Forecast page.

More about CMIC Ocean En-Tech Holding Co

Average Trading Volume: 2,930,172

Technical Sentiment Signal: Buy

Current Market Cap: HK$821.7M

For detailed information about 0206 stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1