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China Resources Pharma Signs Major IT Services Deal
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China Resources Pharma Signs Major IT Services Deal

China Resources Pharmaceutical Group Ltd. (HK:3320) has released an update.

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China Resources Pharmaceutical Group Ltd. has entered a three-year IT Services Procurement Framework Agreement with CR Digital, starting in January 2025. This deal, involving maintenance, implementation, and infrastructure services, represents a continuing connected transaction exempt from independent shareholders’ approval under Hong Kong’s Listing Rules. The agreement ensures competitive pricing through a process that compares quotes from other suppliers, aligning with market standards.

For further insights into HK:3320 stock, check out TipRanks’ Stock Analysis page.

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