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Zhongmiao Holdings (Qingdao) Co., Ltd. Class H ( (HK:1471) ) has issued an update.
Zhongmiao Holdings has announced a revision of its annual caps for the years 2025 and 2026 under the Comprehensive Services Framework Agreement with Haier Group. The company anticipates increased demand for its services, prompting a rise in the annual caps to RMB8.0 million and RMB10.0 million, respectively. This adjustment reflects the company’s strategic response to its growing operational needs and ensures compliance with the Hong Kong Listing Rules, although it remains exempt from certain approval requirements.
More about Zhongmiao Holdings (Qingdao) Co., Ltd. Class H
Zhongmiao Holdings (Qingdao) Co., Ltd. is a joint stock company incorporated in the People’s Republic of China. The company operates within the framework of connected transactions, primarily engaging in comprehensive services in collaboration with Haier Group, a significant stakeholder holding approximately 45.33% of the company’s voting rights.
Average Trading Volume: 20,720
Technical Sentiment Signal: Sell
Current Market Cap: HK$1.83B
Learn more about 1471 stock on TipRanks’ Stock Analysis page.