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Transtech Enters Connected Framework Deal for Optical Fibre Preform Purchases

Story Highlights
  • Transtech signed a 2026 framework deal to buy optical fibre preforms from Tianjin Yinhu on market-based terms.
  • The transaction is a connected deal under Hong Kong rules but only requires announcement, not shareholder approval.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Transtech Enters Connected Framework Deal for Optical Fibre Preform Purchases

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Transtech Optelecom Science Holdings Limited ( (HK:9963) ) just unveiled an announcement.

Transtech Optelecom Science Holdings Limited has entered into a framework purchase agreement under which its wholly owned subsidiary Transtech will purchase optical fibre preforms from Yinhu Optical Fiber (Tianjin) Co., Ltd. between 16 January 2026 and 31 December 2026, with pricing to be set per order by reference to prevailing market terms for comparable products. As Tianjin Yinhu is more than 30% owned by Futong China, one of Transtech’s controlling shareholders, the deal is classified as a connected transaction under Hong Kong listing rules; however, because the applicable percentage ratios fall between 0.1% and 5%, it is treated as a one-off connected transaction that requires only public announcement and is exempt from circular and shareholder approval, allowing the company to secure optical fibre preform supply while maintaining regulatory compliance without additional approval procedures.

The most recent analyst rating on (HK:9963) stock is a Hold with a HK$1.50 price target. To see the full list of analyst forecasts on Transtech Optelecom Science Holdings Limited stock, see the HK:9963 Stock Forecast page.

More about Transtech Optelecom Science Holdings Limited

Transtech Optelecom Science Holdings Limited is a Hong Kong-listed manufacturer in the optical communications sector, operating through its wholly owned subsidiary Transtech. The group focuses on optical fibre and related products, including optical fibre preforms, serving telecom and data transmission markets, with operations connected to mainland China through affiliated entities such as Tianjin Yinhu.

Average Trading Volume: 418,294

Technical Sentiment Signal: Buy

Current Market Cap: HK$388.7M

For a thorough assessment of 9963 stock, go to TipRanks’ Stock Analysis page.

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