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Tianjin Port Development Holdings Renews Key Service Agreement

Story Highlights
  • Tianjin Port Development Holdings renews its service agreement for three more years.
  • The renewal involves various services and is subject to specific reporting requirements.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Tianjin Port Development Holdings Renews Key Service Agreement

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Tianjin Port Development Holdings ( (HK:3382) ) has provided an announcement.

Tianjin Port Development Holdings has renewed its existing continuing connected transactions through a new 2025 Framework Agreement with a contracting party, extending the collaboration for another three years until December 2028. This agreement involves the provision of various services such as port, labor, storage, tugboat services, and sales of goods between the company and the contracting party group. The renewal is subject to specific reporting and review requirements under the Hong Kong Stock Exchange’s Listing Rules, but it is exempt from more stringent approval processes, indicating a stable continuation of business operations and relationships.

More about Tianjin Port Development Holdings

Average Trading Volume: 2,799,709

Technical Sentiment Signal: Buy

Current Market Cap: HK$4.49B

Learn more about 3382 stock on TipRanks’ Stock Analysis page.

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