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Cowell e Holdings Inc. ( (HK:1415) ) has issued an announcement.
Cowell e Holdings Inc. has announced the renewal of its existing Purchase and Materials Procurement Framework Agreements with Luxshare Precision and LITCL, extending these transactions for three more years starting January 2026. Additionally, due to an unexpected rise in demand for its products, the company has revised the annual caps for its Supply Framework Agreement for 2025 to 2027. Furthermore, Cowell has entered into a Machinery Sale Agreement with LITCL, involving the sale of machinery valued at up to RMB30 million. These agreements, due to the interconnected nature of the parties involved, are classified as continuing connected transactions under Hong Kong’s Listing Rules, reflecting Cowell’s strategic moves to strengthen its market position and operational efficiency.
The most recent analyst rating on (HK:1415) stock is a Buy with a HK$42.00 price target. To see the full list of analyst forecasts on Cowell e Holdings Inc. stock, see the HK:1415 Stock Forecast page.
More about Cowell e Holdings Inc.
Cowell e Holdings Inc. operates in the electronics industry, focusing on the procurement and supply of electronic components and materials. The company is known for its strategic partnerships and agreements with firms like Luxshare Precision and LITCL, which help it maintain a robust supply chain and meet market demands.
Average Trading Volume: 5,388,436
Technical Sentiment Signal: Strong Buy
Current Market Cap: HK$31.98B
For detailed information about 1415 stock, go to TipRanks’ Stock Analysis page.