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OneConnect Financial Technology Co Ltd ( (HK:6638) ) has shared an announcement.
OneConnect Financial Technology Co., Ltd. has renewed its service agreement with Ping An, a controlling shareholder, for the year 2025. This agreement, valued at RMB2.99 million, will see Ping An providing various services to OneConnect, ensuring operational efficiency and cost-effectiveness by utilizing Ping An’s established infrastructure. The transaction, classified as a continuing connected transaction under Hong Kong’s Listing Rules, does not require independent shareholders’ approval due to its percentage ratio.
More about OneConnect Financial Technology Co Ltd
OneConnect Financial Technology Co., Ltd. operates within the financial technology industry, providing a range of services such as financial service solutions, administrative services, risk control services, and human resources services. The company focuses on leveraging technology to enhance financial services and has a strategic relationship with Ping An, a major shareholder.
YTD Price Performance: 137.50%
Average Trading Volume: 1,430,584
Technical Sentiment Consensus Rating: Sell
Current Market Cap: HK$2.02B
For detailed information about 6638 stock, go to TipRanks’ Stock Analysis page.