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Legend Holdings Renews Key Agreement with Levima Advanced Materials

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Legend Holdings Renews Key Agreement with Levima Advanced Materials

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Legend Holdings Corporation Class H ( (HK:3396) ) has shared an announcement.

Legend Holdings Corporation, through its subsidiary Guozhuang Mining, is involved in providing coal and labor outsourcing services, particularly focusing on agreements with Levima Advanced Materials. The company operates within the mining and materials sector, supplying essential resources and services that support industrial operations. The recent announcement details the renewal of a significant agreement between Guozhuang Mining and Levima Advanced Materials for the year 2026, with a maximum consideration of RMB276 million. This agreement underscores the ongoing business relationship and operational continuity between the two entities. The transaction is categorized as a continuing connected transaction under Hong Kong’s Listing Rules, subject to annual review and reporting requirements, highlighting its importance within the company’s strategic operations.

The most recent analyst rating on (HK:3396) stock is a Hold with a HK$10.00 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

Average Trading Volume: 2,376,991

Technical Sentiment Signal: Buy

Current Market Cap: HK$22.36B

For a thorough assessment of 3396 stock, go to TipRanks’ Stock Analysis page.

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