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[Hong Kong Stock Connect] Nanjing Panda Electronics Co., Ltd. (00553) rose by 20%, renewing continuous related party transactions and annual ceiling until 2027.
Jinwu Finance News | Nanjing Panda Electronics Co., Ltd. (00553) has seen its stock price fluctuate upwards in the morning session, reporting at 4.2 Hong Kong dollars, a 20% increase, with a transaction volume of 0.228 billion Hong Kong dollars. The company announced a continuation of related party transactions, mentioning in the announcement that it has renewed its ongoing related party transactions and annual caps with China Electronics Corporation, China Electronics Panda Group, and the finance company for the years 2025-2027. These transactions will include subcontracting services, sales of materials and components, aiming to provide the company with a stable source of income and enhance the visibility of the "Panda" brand. The announcement detailed the annual caps for various related party transactions.
Nanjing Panda Electronics Renews Connected Transactions
Nanjing Panda Electronics (600775.SH): Currently developing the next generation satellite communication terminals and conducting relevant research and development work according to customer requirements.
On November 21, Glonaabot reported that Nanjing Panda Electronics (600775.SH) stated on the investor interaction platform that its subsidiary Nanjing Panda Communication Technology Co., Ltd. is engaged in satellite-related businesses, including developing and producing time-keeping products, researching and manufacturing satellite communication modules and handheld terminals, with a relatively small proportion of overall revenue scale. The company has carried out research on new generation satellite communication terminal technologies, currently conducting the development and related research work of new generation satellite communication terminals according to customer requirements. In terms of brain-computer interfaces, the company has undertaken a provincial key R&D plan project, which is still in the research and development stage.
nanjing panda electronics (600775.SH): In terms of brain-computer interface, the company has undertaken a special provincial key research and development plan.
On November 21, Gelonghui reported that nanjing panda electronics (600775.SH) stated on the investor interaction platform that in the area of brain-computer interface, the company is undertaking a provincial key research and development plan project, which is still in the development stage.
There's No Escaping Nanjing Panda Electronics Company Limited's (SHSE:600775) Muted Revenues Despite A 27% Share Price Rise
Hong Kong stock concept tracking|The orderly advancement of satellite internet constellation construction opens up market space for the industry chain (with concept stocks)
GTJA: China spacesat internet plus-related industry market space accelerating opening.
Revenues Working Against Nanjing Panda Electronics Company Limited's (SHSE:600775) Share Price Following 29% DiveNo Data
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