Precious Dragon Technology Holdings Ltd. has signed a Framework Supply Agreement with China Aluminum Cans Holdings Ltd. for a three-year period which has already commenced this January 2025. This agreement extends their previous supply relationship and is classified as a continuing related party transaction under the Listing Rules, which requires independent shareholder approval and compliance with other regulatory requirements.
Precious Dragon Technology Holdings Ltd., incorporated in the Cayman Islands as a limited liability company, is actively involved in aluminum can transactions and has a strong market presence in this industry.
China Aluminum Cans Holdings Ltd. is an investment company engaged in the design, development, manufacture and sale of aluminum aerosol cans. These cans are mainly used to package fast-moving personal care products, such as body deodorants, hair styling products and shaving creams.
In addition, the cans are used to package pharmaceutical products such as analgesic sprays, aerosol dressings and antiseptic sprays. The company’s operations span Africa, the Americas, Asia and mainland China, the latter being the main source of its revenues.
Expanding horizons: Novelis strengthens its leadership in aluminum rolling and recycling with new agreement
Aluminum associations call for action on Global Agreement on Sustainable Steel and Aluminum
Toyo Seikan signs an agreement with UACJ
BAHRAIN-EMIRATES GLOBAL ALUMINUM INK TECHNOLOGY COOPERATION AGREEMENT
