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TravelSky Technology ( (HK:0696) ) has provided an announcement.
TravelSky Technology has announced new agreements with CTCD for leasing data center racks and ancillary services at the Jiaxing Data Center, effective from May 2025 to April 2028. These contracts replace previous agreements and are classified as continuing connected transactions under the Listing Rules, requiring reporting and annual review but exempt from independent shareholders’ approval due to the applicable percentage ratios.
More about TravelSky Technology
TravelSky Technology is a company incorporated in the People’s Republic of China, operating within the technology sector. It focuses on providing data center services, including leasing server racks and ancillary facilities, primarily targeting the data management and IT infrastructure market.
YTD Price Performance: 3.73%
Average Trading Volume: 12,064
Technical Sentiment Signal: Buy
Current Market Cap: $4.04B
For detailed information about 0696 stock, go to TipRanks’ Stock Analysis page.