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Zhuzhou CRRC Times Electric Delays Circular Dispatch for CRRC Transactions

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Zhuzhou CRRC Times Electric Delays Circular Dispatch for CRRC Transactions

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Zhuzhou CRRC Times Electric Co ( (HK:3898) ) has issued an update.

Zhuzhou CRRC Times Electric Co., Ltd. announced a delay in the dispatch of a circular related to its continuing connected transactions with CRRC Group. The circular, which includes details of the 2026-2028 CRRC Group Mutual Supply Agreement and recommendations from the Independent Board Committee, was initially expected by 20 November 2025 but has been postponed to on or before 1 December 2025 due to additional time needed for preparation. This delay may impact the company’s stakeholders as it involves significant agreements that affect future operations and collaborations with CRRC Group.

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. It operates in the transportation equipment industry, focusing on the development and manufacturing of electric components and systems for rail transit and other industrial applications.

Average Trading Volume: 3,457,294

Technical Sentiment Signal: Strong Buy

Current Market Cap: HK$34.54B

Learn more about 3898 stock on TipRanks’ Stock Analysis page.

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