Neusoft Education Signs Major Construction Contracts
Neusoft Education Technology Co. Limited (HK:9616) has signed major construction contracts through its affiliated entities with Huayu Construction. The projects include the Neutech International Conference Center and the Dujiangyan Qingchengshan Neutech Digital Art Development Center, with a total value of over RMB183 million. These transactions are discloseable under Hong Kong Stock Exchange rules. The latest analyst rating for the stock is Hold with a HK$3.00 price target.
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Neusoft Education Technology Co. Limited ( (HK:9616) ) just unveiled an announcement.
Neusoft Education Technology Co. Limited has announced the signing of several construction contracts through its consolidated affiliated entities, Guangdong University, Chengdu University, and Dalian University, with Huayu Construction. These contracts involve significant construction projects, including the Neutech International Conference Center and the Dujiangyan Qingchengshan Neutech Digital Art Development Center, with a combined tentative consideration of over RMB183 million. The transactions are classified as discloseable under the Hong Kong Stock Exchange Listing Rules, requiring notification and announcement but exempt from circular and independent shareholders’ approval.
The most recent analyst rating on (HK:9616) stock is a Hold with a HK$3.00 price target. To see the full list of analyst forecasts on Neusoft Education Technology Co. Limited stock, see the HK:9616 Stock Forecast page.
More about Neusoft Education Technology Co. Limited
Average Trading Volume: 315,867
Technical Sentiment Signal: Sell
Current Market Cap: HK$1.65B
