--- title: "YCIH Green Concrete Wins Shareholder Backing for New Group Financial and Leasing Caps" type: "News" locale: "en" url: "https://longbridge.com/en/news/277762137.md" description: "YCIH Green High-Performance Concrete Co., Ltd. (HK:1847) shareholders approved key proposals at an extraordinary general meeting, including a Financial Services Framework Agreement with parent YCIH and a new annual cap for Land and Property Leasing. However, a proposed Guarantee Agreement did not receive full support, indicating shareholder caution. The company focuses on green concrete production and is listed in Hong Kong, with a current analyst rating of Hold and a price target of HK$0.47." datetime: "2026-03-04T10:10:25.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/277762137.md) - [en](https://longbridge.com/en/news/277762137.md) - [zh-HK](https://longbridge.com/zh-HK/news/277762137.md) --- # YCIH Green Concrete Wins Shareholder Backing for New Group Financial and Leasing Caps ### Claim 50% Off TipRanks Premium - Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions - Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential YCIH Green High-Performance Concrete Co., Ltd. Class H ( (HK:1847) ) just unveiled an announcement. Shareholders of YCIH Green High-Performance Concrete Company Limited approved all but one key proposal at an extraordinary general meeting held in Kunming on March 4, 2026. Investors unanimously backed a 2026–2028 Financial Services Framework Agreement with parent YCIH, covering deposit, bills and factoring services with defined annual caps, and also approved a new 2025 annual cap under the group’s Land and Property Leasing Framework Agreement. However, a proposed Guarantee Agreement, classified as both a major and connected transaction, failed to secure full support, with 54.09% of votes cast in favour and 45.91% recorded as abstentions, highlighting notable shareholder caution over additional guarantee-related exposure. The meeting, duly convened and attended by the board and independent directors, underlines the importance of intra-group funding and leasing arrangements to the company’s capital structure and day-to-day operations. The most recent analyst rating on (HK:1847) stock is a Hold with a HK$0.47 price target. To see the full list of analyst forecasts on YCIH Green High-Performance Concrete Co., Ltd. Class H stock, see the HK:1847 Stock Forecast page. **More about YCIH Green High-Performance Concrete Co., Ltd. Class H** YCIH Green High-Performance Concrete Company Limited is a PRC-based producer of green, high-performance concrete and related building materials, serving construction and infrastructure markets. The company is listed in Hong Kong under stock code 1847 and operates within the broader YCIH group, leveraging intra-group financial and property arrangements to support its operations and growth. **Average Trading Volume:** 25,800 **Technical Sentiment Signal:** Sell **Current Market Cap:** HK$64.26M ### Related Stocks - [01847.HK](https://longbridge.com/en/quote/01847.HK.md) ## Related News & Research - [YCIH Green High-Performance Concrete Calls EGM on Key Connected Deals and Guarantees](https://longbridge.com/en/news/275355055.md) - [YCIH Green High Performance Concrete Co. Ltd. held extraordinary general meeting](https://longbridge.com/en/news/275110813.md) - [Concrete cutting tips from Victory Outdoor Services](https://longbridge.com/en/news/282739563.md) - [Concrete work by Victory Outdoor Services](https://longbridge.com/en/news/282421325.md) - [Keppel and Midea to collaborate on AI-enabled modular cooling solutions opportunities](https://longbridge.com/en/news/282548556.md)