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Time Interconnect Technology Limited ( (HK:1729) ) has shared an update.
Time Interconnect Technology Limited, through its indirect wholly-owned subsidiary Da Chuang, has renewed its lease agreement with Luxshare Electronic for the Kunshan premises. The lease renewal, effective from April 1, 2025, to March 31, 2028, involves premises used for industrial production. This transaction is classified as a connected transaction under Hong Kong’s Listing Rules due to Luxshare Precision’s controlling stake in the company. The renewal ensures continued operational stability for Time Interconnect Technology Limited, while adhering to regulatory requirements, with no need for independent shareholder approval.
More about Time Interconnect Technology Limited
YTD Price Performance: 28.47%
Average Trading Volume: 3,498,249
Technical Sentiment Signal: Sell
Current Market Cap: HK$10.24B
Find detailed analytics on 1729 stock on TipRanks’ Stock Analysis page.