China Railway Signal & Communication Renews Key Connected Transaction Frameworks for 2026–2028
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China Railway Signal & Communication has renewed its framework agreements with controlling shareholder CRSC Corporation Group for connected transactions from 2026 to 2028. This renewal ensures continuity of existing agreements beyond 2025, classified as continuing connected transactions under Hong Kong listing rules. The transactions remain below the threshold for independent shareholder approval. The latest analyst rating for the stock (HK:3969) is a Buy with a price target of HK$4.00. The company specializes in rail transportation control systems and is controlled by CRSC Corporation Group, which holds a 62.78% stake.
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