China Display Optoelectronics Technology Holdings Ltd (HK:0334) has released an update.
China Display Optoelectronics Technology Holdings Ltd has announced a revision of its 2024 Purchase Annual Cap from RMB469 million to RMB1.3 billion, approved by shareholders, to meet increasing group demand. Additionally, the company has entered into new agreements slated from 2025 to 2027 with TCL Technology and Huizhou TCL, ensuring the continuation of existing transactions. These changes are significant as they involve connected transactions subject to stringent reporting and approval processes under the Listing Rules due to TCL Technology’s majority stake in the company.
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