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Fenbi Limited ( (HK:2469) ) just unveiled an update.
Fenbi Limited has announced the renewal of three framework agreements with Tencent Cloud, Tencent Computer, and YLBJ to continue their provision of cloud, technical, payment, and printing services for three more years starting January 1, 2025. These agreements, which involve connected transactions, highlight Fenbi’s strategic partnerships with its substantial shareholder, Tencent, and ensure compliance with the Hong Kong Stock Exchange’s listing rules, exempting them from independent shareholders’ approval due to the percentage ratios involved.
More about Fenbi Limited
Fenbi Limited is a company involved in providing cloud services, technical services, computer payment services, and printing services, focusing on collaborations with notable technology partners such as Tencent to enhance its service offerings.
YTD Price Performance: -5.86%
Average Trading Volume: 34,282,443
Technical Sentiment Consensus Rating: Buy
Current Market Cap: HK$5.27B
Find detailed analytics on 2469 stock on TipRanks’ Stock Analysis page.