Time Interconnect Technology Limited (HK:1729) has released an update.
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Time Interconnect Technology Limited has entered into a connected transaction with Luxshare Precision to purchase equipment worth approximately RMB7.6 million. The move aims to boost production capacity to meet growing demand in the medical equipment sector. The transaction was negotiated at arm’s length and is exempt from independent shareholder approval, reflecting strategic alignment with market opportunities.
For further insights into HK:1729 stock, check out TipRanks’ Stock Analysis page.
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