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China Beidahuang Secures Major Snack Food Supply Contract

Story Highlights
  • China Beidahuang’s subsidiary, Magic Foods, will supply snacks to Hunan Busy Ming Commercial.
  • The contract is expected to be a continuous profit source for China Beidahuang in 2025.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
China Beidahuang Secures Major Snack Food Supply Contract

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An update from China Beidahuang Industry Group Holdings Ltd. ( (HK:0039) ) is now available.

China Beidahuang Industry Group Holdings Ltd. has announced that its subsidiary, Hunan Magic Foods Technology Company Limited, has entered into a one-year supply contract with Hunan Busy Ming Commercial Chain Co., Ltd. This agreement involves supplying snack foods to one of China’s largest snack food retailers, which operates over 7,500 stores across 13 provinces. This contract is expected to provide a continuous source of profit for the company in 2025, although the operational data provided is unaudited and should be interpreted with caution.

More about China Beidahuang Industry Group Holdings Ltd.

China Beidahuang Industry Group Holdings Ltd. operates in the food industry, focusing on the supply of snack foods through its subsidiary, Hunan Magic Foods Technology Company Limited. The company is involved in providing snack foods to various markets, leveraging both online and offline sales channels.

YTD Price Performance: 28.33%

Average Trading Volume: 4,717,587

Technical Sentiment Consensus Rating: Hold

Current Market Cap: HK$574.6M

See more data about 0039 stock on TipRanks’ Stock Analysis page.

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