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XXF Group Holdings Ltd. ( (HK:2473) ) just unveiled an announcement.
XXF Group Holdings Limited, incorporated in the Cayman Islands, has entered into a sale and leaseback arrangement involving the transfer and subsequent lease of assets valued at approximately RMB5,807,100 with a total lease rent of RMB6,441,826 over 48 months. This transaction, combined with previous similar agreements, is classified as a discloseable transaction under Hong Kong’s Listing Rules, requiring reporting and announcement but exempt from circular and shareholder approval requirements. The involvement of Mr. Huang Wei, a connected person, in providing guarantees is also noted, though these are exempt from additional reporting requirements.
The most recent analyst rating on (HK:2473) stock is a Hold with a HK$8.50 price target. To see the full list of analyst forecasts on XXF Group Holdings Ltd. stock, see the HK:2473 Stock Forecast page.
More about XXF Group Holdings Ltd.
Average Trading Volume: 9,309,460
Technical Sentiment Signal: Buy
Current Market Cap: HK$12.33B
Learn more about 2473 stock on TipRanks’ Stock Analysis page.