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Lygend Resources Secures Framework Agreement for Engineering Services

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Lygend Resources Secures Framework Agreement for Engineering Services

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Lygend Resources & Technology Co., Ltd. Class H ( (HK:2245) ) has issued an update.

Lygend Resources & Technology Co., Ltd. has entered into a framework agreement with Lygend Investment to ensure a stable supply of engineering construction services and materials. This agreement, effective from October 17, 2025, to December 31, 2027, aligns with the company’s strategy for continuous growth and flexibility, enhancing its market position by securing competitive terms. The transactions under this agreement are classified as continuing connected transactions, subject to specific reporting and review requirements under the Hong Kong Listing Rules.

The most recent analyst rating on (HK:2245) stock is a Buy with a HK$31.00 price target. To see the full list of analyst forecasts on Lygend Resources & Technology Co., Ltd. Class H stock, see the HK:2245 Stock Forecast page.

More about Lygend Resources & Technology Co., Ltd. Class H

Lygend Resources & Technology Co., Ltd. is a joint stock company incorporated in the People’s Republic of China, operating in the engineering construction industry. The company focuses on providing engineering construction services and materials, leveraging its subsidiaries to supply high-quality services and materials at competitive terms.

Average Trading Volume: 8,020,679

Technical Sentiment Signal: Buy

Current Market Cap: HK$38.9B

See more insights into 2245 stock on TipRanks’ Stock Analysis page.

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