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Shandong Gold Mining Co., Ltd. Class H ( (HK:1787) ) has shared an update.
Shandong Gold Mining Co., Ltd. has announced a revision of the annual caps for its continuing connected transactions under the New Comprehensive Service Framework Agreement with SDG Group Co. This revision is due to the actual amounts of sales and services exceeding original forecasts for the financial years ending 2024 and 2025. The Board has approved resolutions to increase these annual caps to ensure compliance with the Hong Kong Listing Rules, indicating a significant increase in business activities and potential growth in operations.
The most recent analyst rating on (HK:1787) stock is a Buy with a HK$19.80 price target. To see the full list of analyst forecasts on Shandong Gold Mining Co., Ltd. Class H stock, see the HK:1787 Stock Forecast page.
More about Shandong Gold Mining Co., Ltd. Class H
Shandong Gold Mining Co., Ltd. is a joint stock company based in China, primarily engaged in gold mining and related operations. The company offers a range of products and services, including materials, equipment, gold, and various mining-related services. It focuses on both procurement and sales of these products and services within the mining industry.
Average Trading Volume: 12,107,639
Technical Sentiment Signal: Buy
Current Market Cap: HK$153B
Find detailed analytics on 1787 stock on TipRanks’ Stock Analysis page.