AuMake Ltd. (AU:AUK) has released an update.
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Aumake Limited has entered a significant $300 million agreement with Yangtze River New Silk Road International Logistics, enhancing its role in the cross-border trade of Australian goods to China. The company aims to boost its sales through strategic partnerships, including a deal with Hunter Valley Wine & Tourism Alliance to distribute wines in China, and has strengthened its financial position with a $2.8 million equity raise and debt conversion. These initiatives, alongside key management appointments, position Aumake for robust growth and profitability in fiscal year 2025.
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