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Yuzhou Group Holdings Co., Ltd. ( (HK:1628) ) has shared an update.
Yuzhou Group has renewed its integrated services arrangements with connected party Xiamen Zongheng Group, signing a new Integrated Services Master Agreement that will run from 1 January 2026 to 31 December 2028. Under the agreement, Xiamen Zongheng Group and its subsidiaries will continue to provide the group with software products such as operating platforms and integrated management systems, as well as information technology, intelligence systems design and installation, integrated communication and consulting services, and related technical support, ensuring continuity of critical IT and communications infrastructure. As Xiamen Zongheng Group is an associate of Yuzhou’s controlling shareholders, the transactions are classified as continuing connected transactions under Hong Kong listing rules, triggering reporting, annual review and announcement obligations but remaining exempt from independent shareholders’ approval because the relevant percentage ratios exceed 0.1% but are below 5%.
The most recent analyst rating on (HK:1628) stock is a Sell with a HK$0.13 price target. To see the full list of analyst forecasts on Yuzhou Group Holdings Co., Ltd. stock, see the HK:1628 Stock Forecast page.
More about Yuzhou Group Holdings Co., Ltd.
Yuzhou Group Holdings Co., Ltd. is a Hong Kong-listed company (stock code: 01628) incorporated in the Cayman Islands, operating through a group structure that relies on various software, information technology and communications solutions supplied by related parties to support its business operations.
Average Trading Volume: 1,341,984
Technical Sentiment Signal: Sell
Current Market Cap: HK$160.5M
See more data about 1628 stock on TipRanks’ Stock Analysis page.