Aumake Secures Lucrative Deal with Chinese SOE

AuMake Ltd. (AU:AUK) has released an update.

Aumake Limited has announced a significant three-year strategic procurement framework with the Chinese SOE Yangtze River, planning to supply at least A$300M worth of Australian goods. This partnership will enhance Aumake’s supply chain efficiency and profitability by integrating Yangtze River’s extensive logistics and trade network. Additionally, Aumake is seeking to establish strategic alliances with domestic partners to meet the procurement demands.

For further insights into AU:AUK stock, check out TipRanks’ Stock Analysis page.