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China Shengmu Organic Milk Ltd ( (HK:1432) ) just unveiled an announcement.
China Shengmu Organic Milk Ltd has entered into a new 2026 Dabeinong Products and Services Supply Framework Agreement with Dabeinong Group and Yiyingmei Dairy, effective from January 1, 2026, to December 31, 2028. This agreement aims to enhance the flexibility and cost-effectiveness of the company’s procurement of products and services, including feed, additives, medicines, and milk powder, while also providing processing services for milk powder production. The agreement replaces previous framework agreements set to expire, and due to the involvement of connected persons, it requires independent shareholders’ approval under Hong Kong’s Listing Rules.
The most recent analyst rating on (HK:1432) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on China Shengmu Organic Milk Ltd stock, see the HK:1432 Stock Forecast page.
More about China Shengmu Organic Milk Ltd
China Shengmu Organic Milk Ltd is a company incorporated in the Cayman Islands, operating within the dairy industry. The company focuses on the production and supply of organic milk and related dairy products.
Average Trading Volume: 14,170,359
Technical Sentiment Signal: Buy
Current Market Cap: HK$2.77B
For detailed information about 1432 stock, go to TipRanks’ Stock Analysis page.