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JiaXing Gas Group Co. Ltd. Class H ( (HK:9908) ) has issued an update.
JiaXing Gas Group Co., Ltd. has announced a revision to the 2025 annual cap on transactions under its 2023-2025 Construction Materials Supply Agreement with Zhejiang Jinfeng, due to anticipated higher transaction amounts than initially expected. Additionally, to ensure a continuous supply of materials, the company has entered into new agreements for 2026-2028 with Jinyu Fengye, another associate of Mr. Fu, to supply pipeline network construction materials. This strategic move aims to streamline logistics by sourcing materials solely from Jinyu Fengye during this period.
The most recent analyst rating on (HK:9908) stock is a Buy with a HK$8.50 price target. To see the full list of analyst forecasts on JiaXing Gas Group Co. Ltd. Class H stock, see the HK:9908 Stock Forecast page.
More about JiaXing Gas Group Co. Ltd. Class H
JiaXing Gas Group Co., Ltd. is a joint stock company based in the People’s Republic of China, primarily engaged in the supply of pipeline network construction materials. The company focuses on providing essential materials for pipeline construction and connection operations, which are crucial for its operational infrastructure.
Average Trading Volume: 40,396
Technical Sentiment Signal: Buy
Current Market Cap: HK$1.12B
For a thorough assessment of 9908 stock, go to TipRanks’ Stock Analysis page.