China Tianrui Group Cement Secures Approval for Key Supply Agreements at EGM

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2025.10.22 12:42
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China Tianrui Group Cement Co., Ltd. (HK:1252) announced the approval of key supply agreements at its Extraordinary General Meeting on October 22, 2025. The resolutions, passed through a poll, are vital for the company's operations, particularly concerning clinker and raw coal supply. Significant shareholder Yu Kuo Company Limited abstained from voting due to material interests. This development is anticipated to enhance the company's supply chain. The current analyst rating for HK:1252 is a Hold with a price target of HK$0.50.