China Tianrui Group Cement Secures Approval for Key Supply Agreements at EGM
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.
China Tianrui Group Cement Co., Ltd. ( (HK:1252) ) has issued an announcement.
China Tianrui Group Cement Co., Ltd. announced the successful passing of resolutions at its Extraordinary General Meeting (EGM) held on October 22, 2025. The resolutions included the approval of several framework agreements related to clinker and raw coal supply, which are crucial for the company’s operations. The approval was achieved through a poll, with significant shareholder Yu Kuo Company Limited abstaining due to material interests, allowing independent shareholders to vote. This development is expected to strengthen the company’s supply chain and operational capabilities.
The most recent analyst rating on (HK:1252) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on China Tianrui Group Cement Co., Ltd. stock, see the HK:1252 Stock Forecast page.
More about China Tianrui Group Cement Co., Ltd.
China Tianrui Group Cement Co., Ltd. operates in the cement industry, focusing on the production and distribution of cement and related products. The company is positioned in the market to serve construction and infrastructure projects, primarily within China.
Average Trading Volume: 25,666,414
Technical Sentiment Signal: Sell
Current Market Cap: HK$1.06B
