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Time Interconnect Shareholders Approve Key Supply Agreements With Major Partner Luxshare Precision

Story Highlights
  • Time Interconnect shareholders approved new and supplemental master supply agreements with Luxshare Precision, excluding the major shareholder from voting.
  • The resolution passed unanimously by independent shareholders, authorizing directors to implement and adjust significant supply arrangements central to ongoing operations.
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Time Interconnect Shareholders Approve Key Supply Agreements With Major Partner Luxshare Precision

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Time Interconnect Technology Limited ( (HK:1729) ) has provided an update.

Time Interconnect Technology Limited has secured shareholder approval at an extraordinary general meeting on 21 January 2026 for a series of supply-related agreements with its major partner, Luxshare Precision. Shareholders (excluding Luxshare Precision, which was required to abstain due to its material interest and 69.66% shareholding) unanimously passed an ordinary resolution by poll to confirm, ratify and approve the Luxshare Precision Supplemental Master Supply Agreement, the Luxshare Master Supply Agreement, and their respective new annual caps, as well as to grant directors broad authority to implement and adjust matters related to these transactions. The outcome consolidates the company’s commercial framework with Luxshare Precision and provides management with flexibility to execute and refine these supply arrangements, which are significant to its ongoing operations and key customer relationships.

The most recent analyst rating on (HK:1729) stock is a Buy with a HK$18.00 price target. To see the full list of analyst forecasts on Time Interconnect Technology Limited stock, see the HK:1729 Stock Forecast page.

More about Time Interconnect Technology Limited

Time Interconnect Technology Limited is a Hong Kong-listed company incorporated in the Cayman Islands, operating in the technology and electronics sector. It is engaged in supplying interconnect and related products, and maintains strategic relationships with major industry players such as Luxshare Precision Limited, reflecting a focus on serving large-scale electronics and technology customers.

Average Trading Volume: 10,748,409

Technical Sentiment Signal: Buy

Current Market Cap: HK$33.2B

Learn more about 1729 stock on TipRanks’ Stock Analysis page.

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