China Modern Dairy Holdings Ltd. ( (HK:1117) ) just unveiled an announcement.
China Modern Dairy Holdings Ltd. announced that its subsidiary, Modern Farming (Group) Co., Ltd., has received approval to issue RMB300 million in domestic medium-term notes in China. The proceeds from these notes, which have been rated AA+, will be used for rural revitalization and daily operations, including purchasing feeds from local farmers and repaying bank borrowings.
More about China Modern Dairy Holdings Ltd.
China Modern Dairy Holdings Ltd. operates in the dairy industry, focusing on the production and distribution of dairy products. The company is involved in modern farming practices and is committed to rural revitalization, sourcing silage and other feeds from local farmers.
YTD Price Performance: 13.04%
Average Trading Volume: 23,341,870
Technical Sentiment Signal: Sell
Current Market Cap: HK$8.21B
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