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Legend Holdings Corporation Class H ( (HK:3396) ) just unveiled an update.
Legend Holdings said its subsidiary Lenovo has obtained board approval to revise upward the annual cap under a manufacturing agreement with Fujitsu-linked entity FCCL for the financial year ending March 31, 2026, citing a significant increase in printer orders. The change underscores stronger demand in Lenovo’s printer-related business and indicates higher expected transaction volumes with FCCL.
The company also announced that FCCL has signed side letters with Fujitsu Group members to renew and extend key continuing connected transaction agreements beyond their May 2026 expiry on existing commercial terms. The board concluded that these renewed agreements and revised caps are on normal commercial terms, in the ordinary course of business and in the interests of shareholders, while remaining subject only to ongoing reporting and annual review requirements under Hong Kong listing rules.
The most recent analyst rating on (HK:3396) stock is a Hold with a HK$8.50 price target. To see the full list of analyst forecasts on Legend Holdings Corporation Class H stock, see the HK:3396 Stock Forecast page.
More about Legend Holdings Corporation Class H
Legend Holdings Corporation is a China-incorporated investment holding company whose portfolio includes Lenovo Group Limited, a global technology firm with a strong presence in PCs, printers and related hardware. Through Lenovo and its joint venture FCCL, the group partners with Fujitsu to manufacture and supply technology products and services in international markets.
Average Trading Volume: 2,482,055
Technical Sentiment Signal: Sell
Current Market Cap: HK$20.9B
For detailed information about 3396 stock, go to TipRanks’ Stock Analysis page.