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Shanghai Dazhong Public Utilities (Group) Co., Ltd. Class H ( (HK:1635) ) has issued an announcement.
Shanghai Dazhong Public Utilities (Group) Co., Ltd. has entered into a Purchase Cooperation Framework Agreement with Dazhong Business Management to acquire motor vehicles, vehicle repair and maintenance services, and venue leasing. This agreement, effective April 29, 2025, involves transactions classified as continuing connected transactions under the Listing Rules, requiring reporting and annual review but exempt from independent shareholder approval due to the applicable percentage ratios.
More about Shanghai Dazhong Public Utilities (Group) Co., Ltd. Class H
Shanghai Dazhong Public Utilities (Group) Co., Ltd. is a joint stock company incorporated in the People’s Republic of China, operating in the public utilities sector. The company focuses on providing services such as motor vehicle purchases, vehicle repair and maintenance, and venue leasing.
YTD Price Performance: -17.08%
Average Trading Volume: 186
Technical Sentiment Signal: Sell
Current Market Cap: €1.14B
For a thorough assessment of 1635 stock, go to TipRanks’ Stock Analysis page.