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Shanghai Voicecomm Announces Connected Transaction with Shanghai Jiangyulu

Story Highlights
  • Shanghai Voicecomm sells hardware and software to Shanghai Jiangyulu for RMB6,085,000.
  • The transaction is a connected transaction under Listing Rules, with uncertain financial impact.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Shanghai Voicecomm Announces Connected Transaction with Shanghai Jiangyulu

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The latest update is out from Shanghai Voicecomm Information Technology Co Ltd Class H ( (HK:2495) ).

Shanghai Voicecomm Information Technology Co Ltd announced a connected transaction through its subsidiary, Shanghai Voicecomm Zhiming, with Shanghai Jiangyulu, a wholly-owned subsidiary of Jiangcheng Asset Management. The Procurement Agreement involves the sale of hardware and software products for RMB6,085,000. This transaction is classified as a connected transaction under Chapter 14A of the Listing Rules, subject to reporting and announcement requirements but exempt from circular and independent shareholders’ approval. The agreement’s financial impact on the company remains uncertain.

More about Shanghai Voicecomm Information Technology Co Ltd Class H

Shanghai Voicecomm Information Technology Co Ltd operates in the technology sector, focusing on the development and sale of hardware and software products. The company specializes in AI intelligent applications and deep learning platforms, catering to clients requiring customized servers and software solutions.

Average Trading Volume: 53,984

Technical Sentiment Signal: Strong Sell

For detailed information about 2495 stock, go to TipRanks’ Stock Analysis page.

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