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Hygeia Healthcare Enters New Procurement Agreement with Handan Renhe Hospital

Story Highlights
  • Hygeia Healthcare signed a new procurement agreement with Handan Renhe Hospital.
  • The agreement involves continuing connected transactions under Hong Kong’s Listing Rules.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Hygeia Healthcare Enters New Procurement Agreement with Handan Renhe Hospital

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An update from Hygeia Healthcare Holdings Co., Ltd. ( (HK:6078) ) is now available.

Hygeia Healthcare Holdings Co., Ltd. has entered into a new 2025 Procurement Framework Agreement with Handan Renhe Hospital, replacing the existing procurement agreements. This agreement allows Gamma Star Tech, a subsidiary of Hygeia, to supply medicine and medical consumables to Handan Renhe Hospital, enhancing operational efficiency and continuing their business relationship. The transactions are classified as continuing connected transactions under Hong Kong’s Listing Rules, requiring reporting and annual review but exempt from independent shareholders’ approval due to the percentage ratios involved.

The most recent analyst rating on (HK:6078) stock is a Buy with a HK$37.00 price target. To see the full list of analyst forecasts on Hygeia Healthcare Holdings Co., Ltd. stock, see the HK:6078 Stock Forecast page.

More about Hygeia Healthcare Holdings Co., Ltd.

Hygeia Healthcare Holdings Co., Ltd. is a company incorporated in the Cayman Islands, primarily involved in the healthcare industry. It operates through its subsidiaries, providing medical services and products, including medicine and medical consumables, to healthcare facilities.

Average Trading Volume: 7,564,369

Technical Sentiment Signal: Sell

Current Market Cap: HK$9.39B

See more insights into 6078 stock on TipRanks’ Stock Analysis page.

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