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Haina Intelligent Equipment Renews Agreement with Shengrong Machinery

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Haina Intelligent Equipment Renews Agreement with Shengrong Machinery

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The latest announcement is out from Haina Intelligent Equipment International Holdings Limited ( (HK:1645) ).

Haina Intelligent Equipment International Holdings Limited has announced the renewal of its continuing connected transactions with Shengrong Machinery through the 2026 Shengrong Purchase Agreement. This agreement, effective from January 1, 2026, to December 31, 2028, allows the Group to procure machine parts from Shengrong Machinery under negotiated commercial terms. The transactions are classified as continuing connected transactions under the Hong Kong Listing Rules, requiring reporting and annual review but exempt from independent shareholders’ approval.

The most recent analyst rating on (HK:1645) stock is a Hold with a HK$3.00 price target. To see the full list of analyst forecasts on Haina Intelligent Equipment International Holdings Limited stock, see the HK:1645 Stock Forecast page.

More about Haina Intelligent Equipment International Holdings Limited

Haina Intelligent Equipment International Holdings Limited operates in the manufacturing industry, primarily focusing on producing and procuring machine parts. The company is incorporated in the Cayman Islands and is listed on the Hong Kong Stock Exchange.

Average Trading Volume: 3,225,762

Technical Sentiment Signal: Buy

Current Market Cap: HK$1.57B

For detailed information about 1645 stock, go to TipRanks’ Stock Analysis page.

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