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Neusoft Education Signs Major Construction Contracts

Story Highlights
  • Neusoft Education signed construction contracts for major projects with Huayu Construction.
  • The contracts are discloseable transactions under Hong Kong Stock Exchange rules.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Neusoft Education Signs Major Construction Contracts

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Neusoft Education Technology Co. Limited ( (HK:9616) ) just unveiled an announcement.

Neusoft Education Technology Co. Limited has announced the signing of several construction contracts through its consolidated affiliated entities, Guangdong University, Chengdu University, and Dalian University, with Huayu Construction. These contracts involve significant construction projects, including the Neutech International Conference Center and the Dujiangyan Qingchengshan Neutech Digital Art Development Center, with a combined tentative consideration of over RMB183 million. The transactions are classified as discloseable under the Hong Kong Stock Exchange Listing Rules, requiring notification and announcement but exempt from circular and independent shareholders’ approval.

The most recent analyst rating on (HK:9616) stock is a Hold with a HK$3.00 price target. To see the full list of analyst forecasts on Neusoft Education Technology Co. Limited stock, see the HK:9616 Stock Forecast page.

More about Neusoft Education Technology Co. Limited

Average Trading Volume: 315,867

Technical Sentiment Signal: Sell

Current Market Cap: HK$1.65B

For detailed information about 9616 stock, go to TipRanks’ Stock Analysis page.

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