Shareholders of China Electronics Huada Technology (HKG:0085) will meet June 28 to vote on a contract for the proposed mutual provision of certain products and services with China Electronics, a Wednesday filing on the Hong Kong bourse stated.
The parties had entered into the three-year contract earlier this year in April, according to the integrated circuit manufacturer.
China Electronics is the ultimate controlling shareholder of China Electronics Huada Technology.
Shares of the company closed 1% higher on Thursday.
Price (HKD): $1.36, Change: $+0.02, Percent Change: +1.49%
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