Shougang Concord Century Strengthens International Ties with New Framework Agreement
Shougang Concord Century Holdings Ltd. has announced a Framework Agreement with Eastern Century and its subsidiaries to manage connected transactions, including commercial advisory and new product development. This agreement supports the company's internationalization strategy, aiming to strengthen its market position and ensure compliance with listing rules, benefiting both the company and its stakeholders.
TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
The latest update is out from Shougang Concord Century Holding Ltd. ( (HK:0103) ).
Shougang Concord Century Holdings Ltd. announced a Framework Agreement with Eastern Century and its subsidiaries to manage continuing connected transactions related to various services, including commercial advisory and new product development. This agreement supports the company’s internationalization strategy, aiming to strengthen its market position and ensure compliance with listing rules, benefiting both the company and its stakeholders.
The most recent analyst rating on (HK:0103) stock is a Hold with a HK$3.00 price target. To see the full list of analyst forecasts on Shougang Concord Century Holding Ltd. stock, see the HK:0103 Stock Forecast page.
More about Shougang Concord Century Holding Ltd.
Shougang Concord Century Holdings Ltd. operates in the industrial sector, focusing on the production and development of steel cords and related products. The company is actively pursuing international expansion and aims to enhance its global production capacity, particularly in the steel cord market.
Average Trading Volume: 772,276
Technical Sentiment Signal: Buy
Current Market Cap: HK$1.69B
Find detailed analytics on 0103 stock on TipRanks’ Stock Analysis page.
