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Zhuzhou CRRC Times Electric Co ( (HK:3898) ) has provided an announcement.
Zhuzhou CRRC Times Electric Co has entered into a new three-year mutual supply agreement with CRRC Group, effective from January 1, 2026, to December 31, 2028. This agreement, which involves the exchange of products, equipment, and services, is subject to independent shareholder approval and aims to continue the collaboration between the two entities, potentially impacting their operational synergy and market positioning.
The most recent analyst rating on (HK:3898) stock is a Buy with a HK$50.00 price target. To see the full list of analyst forecasts on Zhuzhou CRRC Times Electric Co stock, see the HK:3898 Stock Forecast page.
More about Zhuzhou CRRC Times Electric Co
Zhuzhou CRRC Times Electric Co is a company incorporated in the People’s Republic of China, operating in the transportation and electrical equipment industry. It primarily focuses on supplying products, equipment, and services related to research and development, production, and testing for the CRRC Group.
Average Trading Volume: 3,275,011
Technical Sentiment Signal: Buy
Current Market Cap: HK$66.74B
Find detailed analytics on 3898 stock on TipRanks’ Stock Analysis page.