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Guangdong Yueyun Transportation Renews Key Agreements

Story Highlights
  • Guangdong Yueyun Transportation renews Tai Ping Interchange and Information Systems Services agreements.
  • Renewed agreements are subject to reporting and review, exempt from shareholders’ approval.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Guangdong Yueyun Transportation Renews Key Agreements

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An update from Guangdong Yueyun Transportation Co., Ltd. Class H ( (HK:3399) ) is now available.

Guangdong Yueyun Transportation Co., Ltd. has announced the renewal of two key agreements: the Tai Ping Interchange Master Agreement and the Information Systems Services Master Agreement. The renewals extend the terms of these agreements beyond their original expiration dates, with the Tai Ping Interchange agreement extended to June 2027 and the Information Systems Services agreement to December 2028. These transactions are categorized as continuing connected transactions under the Hong Kong Stock Exchange Listing Rules, subject to certain reporting and review requirements but exempt from independent shareholders’ approval.

The most recent analyst rating on (HK:3399) stock is a Hold with a HK$2.00 price target. To see the full list of analyst forecasts on Guangdong Yueyun Transportation Co., Ltd. Class H stock, see the HK:3399 Stock Forecast page.

More about Guangdong Yueyun Transportation Co., Ltd. Class H

Guangdong Yueyun Transportation Co., Ltd. is a joint stock limited company incorporated in the People’s Republic of China, primarily engaged in transportation services. The company operates within the transportation industry and is listed on the Hong Kong Stock Exchange under the stock code 03399.

Average Trading Volume: 281,308

Technical Sentiment Signal: Buy

Current Market Cap: HK$1.36B

See more data about 3399 stock on TipRanks’ Stock Analysis page.

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