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China Shengmu Organic Milk Ltd Announces Key Framework Agreements

Story Highlights
  • China Shengmu Organic Milk Ltd plans to supply raw fresh milk to Inner Mongolia Mengniu Dairy.
  • Agreements with Dabeinong Group and Yiyingmei Dairy aim to boost product supply and services.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
China Shengmu Organic Milk Ltd Announces Key Framework Agreements

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China Shengmu Organic Milk Ltd ( (HK:1432) ) has shared an announcement.

China Shengmu Organic Milk Ltd has announced an extraordinary general meeting to approve two key framework agreements. The first agreement involves the supply of raw fresh milk to Inner Mongolia Mengniu Dairy for a three-year term starting January 2026. The second agreement is with Beijing Dabeinong Technology Group and Yiyingmei Dairy for the supply of various products and processing services, also for a three-year term. These agreements are expected to enhance the company’s operational capabilities and market positioning.

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 in the dairy industry with a focus on organic milk production. The company is involved in the supply of raw fresh milk and related products, primarily serving the Inner Mongolia region.

Average Trading Volume: 11,524,221

Technical Sentiment Signal: Buy

Current Market Cap: HK$2.85B

See more data about 1432 stock on TipRanks’ Stock Analysis page.

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