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The latest announcement is out from Horizon Robotics Class B ( (HK:9660) ).
Horizon Robotics has entered into a Supplemental Agreement with its subsidiary, D-Robotics, to revise the annual caps for continuing connected transactions under the Product Solutions Sales Framework Agreement. This revision is necessary as the company anticipates that the actual transactions will exceed previous forecasts, necessitating higher annual caps for 2025 and 2026. The changes are subject to specific reporting and review requirements under the Hong Kong Stock Exchange’s Listing Rules but are exempt from circular and independent shareholders’ approval.
The most recent analyst rating on (HK:9660) stock is a Buy with a HK$10.50 price target. To see the full list of analyst forecasts on Horizon Robotics Class B stock, see the HK:9660 Stock Forecast page.
More about Horizon Robotics Class B
Horizon Robotics is a company incorporated in the Cayman Islands, focusing on providing product solutions for various industries, including non-automotive sectors. The company is controlled through weighted voting rights and is listed on the Hong Kong Stock Exchange.
Average Trading Volume: 185,639,116
Technical Sentiment Signal: Strong Buy
Current Market Cap: HK$109.4B
For a thorough assessment of 9660 stock, go to TipRanks’ Stock Analysis page.