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An update from Zonqing Environmental Limited ( (HK:1855) ) is now available.
Zonqing Environmental Limited, a company involved in environmental services and construction, has announced a new subcontracting framework agreement with ZIHG. This agreement pertains to construction works services and is scheduled to run from January 17, 2025, to December 31, 2025. As ZIHG is a connected entity, this transaction is classified as a continuing connected transaction but is exempt from the independent shareholders’ approval due to the applicable percentage ratios. This strategic move is expected to streamline operations and enhance the company’s service offerings in the construction sector.
More about Zonqing Environmental Limited
YTD Price Performance: -9.18%
Average Trading Volume: 827,070
Technical Sentiment Consensus Rating: Buy
Current Market Cap: HK$5.36B
For a thorough assessment of 1855 stock, go to TipRanks’ Stock Analysis page.