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Zhuzhou CRRC Times Electric Approves Key Supply Agreement at EGM

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Zhuzhou CRRC Times Electric Approves Key Supply Agreement at EGM

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Zhuzhou CRRC Times Electric Co ( (HK:3898) ) just unveiled an update.

Zhuzhou CRRC Times Electric Co., Ltd. held its first extraordinary general meeting of 2025 on December 15, where shareholders approved the 2026-2028 CRRC Group Mutual Supply Agreement. This agreement is significant for the company’s operations, as it outlines the terms for ordinary connected transactions with the CRRC Group, potentially impacting the company’s market positioning and stakeholder relationships.

The most recent analyst rating on (HK:3898) stock is a Buy with a HK$44.00 price target. To see the full list of analyst forecasts on Zhuzhou CRRC Times Electric Co stock, see the HK:3898 Stock Forecast page.

More about Zhuzhou CRRC Times Electric Co

Zhuzhou CRRC Times Electric Co., Ltd. is a joint stock company incorporated in the People’s Republic of China, operating in the transportation equipment industry. The company primarily focuses on the development and manufacturing of electric components and systems for rail transit vehicles, serving both domestic and international markets.

YTD Price Performance: 23.86%

Average Trading Volume: 2,913,008

Technical Sentiment Signal: Strong Buy

Current Market Cap: HK$66.72B

For detailed information about 3898 stock, go to TipRanks’ Stock Analysis page.

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