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Zhuzhou CRRC Times Electric Co ( (HK:3898) ) has shared an update.
Zhuzhou CRRC Times Electric Co., Ltd. announced a quarterly review of its continuing connected transactions with CRRC Group Co., Ltd. The mutual supply framework agreement, effective from January 2023 to December 2025, facilitates the exchange of products and services between the two entities. The independent non-executive directors of the company have reviewed the transactions for the first quarter of 2025 and deemed them to be conducted in the ordinary course of business, on fair commercial terms, and within the agreed annual cap amounts. This review process is part of the company’s corporate governance measures to protect the interests of independent shareholders.
The most recent analyst rating on (HK:3898) stock is a Buy with a HK$34.20 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 China, operating in the manufacturing industry with a focus on producing products, parts, components, and providing technical and management services. The company is involved in research and development, production, and testing, primarily serving the transportation sector.
Average Trading Volume: 2,759,619
Technical Sentiment Signal: Buy
Current Market Cap: HK$47.32B
See more insights into 3898 stock on TipRanks’ Stock Analysis page.