Lonking Renews Connected Parts Supply Deal With Jinlong Through 2028
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Lonking Holdings has renewed its master purchase agreement with Jinlong Machinery Company for machinery parts from January 1, 2026, to December 31, 2028. This continuing connected transaction complies with Hong Kong listing rules, requiring reporting and annual review but no shareholder approval. The latest analyst rating for Lonking Holdings (HK:3339) is a Buy with a price target of HK$3.50. Lonking Holdings is a construction machinery manufacturer based in the Cayman Islands, focusing on machinery components and parts.
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