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An announcement from Greentown China Holdings ( (HK:3900) ) is now available.
Greentown China Holdings Limited has announced the signing of the 2025 Construction Framework Agreement with CCCG, a substantial shareholder, to continue the provision of construction services for the next three years until December 2027. The agreement maintains similar terms to the previous framework but updates transaction caps, indicating ongoing development and strategic collaboration. This continuity ensures that CCCG remains a key partner, enhancing Greentown China’s capabilities in delivering comprehensive construction services and potentially impacting its market positioning favorably.
More about Greentown China Holdings
Greentown China Holdings Limited operates within the construction industry, primarily focusing on property development projects. The company engages in the provision of construction services, including building construction, installation engineering, and landscape design, amongst others. It collaborates with China Communications Construction Group (CCCG) or its subsidiaries, which is a significant shareholder, to support its development initiatives.
YTD Price Performance: -1.54%
Technical Sentiment Consensus Rating: Hold
Current Market Cap: $2.98B
For an in-depth examination of 3900 stock, go to TipRanks’ Stock Analysis page.
