China Conch Venture Holdings (HK:0586) has released an update.
China Conch Venture Holdings announced a substantial expansion in its business relationships on June 27, 2024, via the establishment of multiple framework agreements with associated entities, following Conch Holdings becoming a significant shareholder. These agreements encompass sales, procurement, technical and other services, and supply services among the interconnected companies. The deals are anticipated to enhance the company’s operational synergy and market position.
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