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Sinofert Holdings ( (HK:0297) ) has issued an update.
Sinofert Holdings Limited announced that its subsidiary, Sinochem Fertilizer, has entered into a new IT Business Services Framework Agreement with Sinochem Digital Intelligence. This agreement, effective from January 1, 2026, to December 31, 2026, will ensure the continuation of IT services such as system operation, maintenance, and software procurement. This move highlights Sinofert’s commitment to enhancing its IT infrastructure, which is crucial for maintaining operational efficiency and competitiveness in the market. The transactions under this agreement are classified as continuing connected transactions, subject to certain regulatory requirements but exempt from independent shareholder approval.
The most recent analyst rating on (HK:0297) stock is a Buy with a HK$1.50 price target. To see the full list of analyst forecasts on Sinofert Holdings stock, see the HK:0297 Stock Forecast page.
More about Sinofert Holdings
Sinofert Holdings Limited operates in the chemical industry, primarily focusing on fertilizers. The company is involved in the production and distribution of various fertilizers and related products, serving agricultural markets.
YTD Price Performance: 31.76%
Average Trading Volume: 35,210,172
Technical Sentiment Signal: Strong Buy
Current Market Cap: HK$10.61B
For an in-depth examination of 0297 stock, go to TipRanks’ Overview page.