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Ausnutria Dairy Corp. Ltd. ( (HK:1717) ) has issued an update.
Ausnutria Dairy Corp. Ltd. has announced a revision of the existing annual caps under its 2025 Procurement Framework Agreement with Yili Industrial. The company has identified that the transaction amount for the first seven months of 2025 has nearly reached the annual cap, prompting a supplemental agreement to increase the cap for 2025 from RMB 40 million to RMB 80 million. This adjustment considers factors such as historical transaction amounts, expected increases in procurement, and potential rises in raw material costs. The revision ensures compliance with the Listing Rules and reflects the company’s strategic response to growing procurement demands.
The most recent analyst rating on (HK:1717) stock is a Hold with a HK$2.50 price target. To see the full list of analyst forecasts on Ausnutria Dairy Corp. Ltd. stock, see the HK:1717 Stock Forecast page.
More about Ausnutria Dairy Corp. Ltd.
Ausnutria Dairy Corp. Ltd. is a company incorporated in the Cayman Islands, operating in the dairy industry. The company focuses on the production and distribution of dairy products, with a specific emphasis on cow milk base powder and related ingredients.
Average Trading Volume: 340,558
Technical Sentiment Signal: Hold
Current Market Cap: HK$4.77B
Learn more about 1717 stock on TipRanks’ Stock Analysis page.