Huazhang Technology Holding Ltd. (HK:1673) has released an update.
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Huazhang Technology Holding Ltd. has announced a renewal of its Master Sales Agreement, setting an annual cap of HK$18,000,000 for the financial year ending June 30, 2025, for the sale and purchase of metal scraps. The company has adjusted the annual cap based on historical transactions and anticipated business growth, despite no transactions with the customer from July 2024 to August 2025. With the market for metal scrap expected to stabilize, the renewed agreement estimates sales of 250 tonnes of aluminium and 200 tonnes of copper.
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