Beijing SinoHytec Co., Ltd. Class H (HK:2402) has released an update.
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Beijing SinoHytec Co., Ltd. has entered into several connected transactions with Zhongdian Huatong, involving the sale of fuel cell system test benches and related construction products for a total of RMB10,520,000. These transactions, while subject to reporting and announcement requirements, do not require independent shareholder approval. Key directors abstained from voting due to their interests in these agreements.
For further insights into HK:2402 stock, check out TipRanks’ Stock Analysis page.
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