Songfa Ceramics Lifts Related-Party Transaction Cap to 127 Million Yuan

MT Newswires Live
Aug 25

Guangdong Songfa Ceramics (SHA:603268) increased its 2026 allocation for related-party transactions to 127 million yuan from 49 million yuan, according to a Tuesday filing to the Shanghai Stock Exchange.

The ceramics maker raised its budget for purchases of systems, electronic equipment, and software by 75 million yuan, and increased its budget for labor and other services by 3 million yuan.

Songfa's shares rose 2% in recent trade.

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