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Beijing Jingcheng Delays Circular Dispatch for Framework Agreement
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Beijing Jingcheng Delays Circular Dispatch for Framework Agreement

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Beijing Jingcheng Machinery Electric Co Ltd Class H ( (HK:0187) ) just unveiled an announcement.

Beijing Jingcheng Machinery Electric Co Ltd announced a delay in the dispatch of a circular related to the Renewed Product Sale and Purchase Framework Agreement with Beijing Tianhai and Shanghai Sunwise. Initially set to be distributed by January 10, 2025, the circular’s release has been postponed to March 10, 2025, to allow more time for preparation. This delay may impact stakeholders awaiting recommendations and advisories from the Independent Board Committee and Independent Financial Adviser, as well as the scheduling of an extraordinary general meeting.

More about Beijing Jingcheng Machinery Electric Co Ltd Class H

Beijing Jingcheng Machinery Electric Co Ltd is a joint stock company incorporated in the People’s Republic of China, operating within the machinery and electric industry. It is involved in manufacturing and distributing machinery and electric products, focusing on engaging in connected transactions through agreements with entities like Beijing Tianhai and Shanghai Sunwise.

YTD Price Performance: -0.99%

Average Trading Volume: 7,696,442

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: HK$5.29B

Learn more about 0187 stock on TipRanks’ Stock Analysis page.

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