Zhuzhou CRRC Times Electric Co (HK:3898) has released an update.
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Zhuzhou CRRC Times Electric Co has inked a three-year financial services agreement with CRRC Finance to enhance its capital management and reduce financing risks. This arrangement, set to replace a previous one-year deal, will provide various financial services including deposit and credit services. The transactions are classified as continuing connected transactions under Hong Kong Listing rules and are subject to specific regulatory requirements.
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