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An announcement from Shenzhen Investment ( (HK:0604) ) is now available.
Shenzhen Investment Company has announced a new Property Management Services Agreement with Science City Co., a subsidiary of Shum Yip Group, effective from July 26, 2025, to July 25, 2027. This agreement involves Shum Yip Property Operation, a non-wholly owned subsidiary of Shenzhen Investment, providing property management and electromechanical facilities management services. The transaction is classified as a continuing connected transaction under Hong Kong’s Listing Rules, subject to specific reporting and review requirements but exempt from independent shareholders’ approval. This agreement signifies a strategic collaboration within the Shum Yip Group, enhancing the company’s operational capabilities and reinforcing its position in the property management sector.
More about Shenzhen Investment
Shenzhen Investment Company operates in the property management industry, providing a range of services including maintenance, inspection, and management of common areas and facilities, as well as electromechanical facilities management and maintenance services. The company focuses on delivering comprehensive property management solutions.
Average Trading Volume: 51,956,656
Technical Sentiment Signal: Hold
Current Market Cap: HK$8.45B
For a thorough assessment of 0604 stock, go to TipRanks’ Stock Analysis page.