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Huaibei GreenGold Industry Investment Co., Ltd. Class H ( (HK:2450) ) has shared an announcement.
Huaibei GreenGold Industry Investment Co., Ltd. announced supplemental information regarding its continuing connected transactions, specifically the 2025 Blasting Services and 2025 Products Sales. The company inadvertently failed to comply with Hong Kong’s Listing Rules due to misunderstandings about the necessity of disclosing these transactions separately from existing Framework Agreements. This oversight was attributed to the company’s unfamiliarity with the renewal process and the mistaken belief that the transactions fell under a de minimis exemption. The company is addressing these compliance issues to align with regulatory requirements.
More about Huaibei GreenGold Industry Investment Co., Ltd. Class H
Huaibei GreenGold Industry Investment Co., Ltd. is a joint stock company incorporated in China, focusing on industry investments. The company is involved in the procurement of blasting services and the supply of aggregate and concrete products, with a market focus on construction and infrastructure.
Average Trading Volume: 202,942
Technical Sentiment Signal: Hold
For a thorough assessment of 2450 stock, go to TipRanks’ Stock Analysis page.