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China Shengmu Organic Milk Ltd ( (HK:1432) ) just unveiled an announcement.
China Shengmu Organic Milk Ltd has announced the closure of its register of members in preparation for an Extraordinary General Meeting (EGM) scheduled for December 30, 2025. This meeting will address the approval of two significant framework agreements for the supply of raw fresh milk and Dabeinong products and services, both set to commence in 2026 and conclude in 2028. The closure period for the register of members is from December 23 to December 30, 2025, during which no share transfers will be processed. This strategic move is expected to impact the company’s operations by securing long-term supply agreements, potentially enhancing its market positioning and stakeholder confidence.
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, primarily engaged in the production and supply of organic milk and related dairy products. The company operates within the dairy industry, focusing on providing high-quality organic milk to meet consumer demand.
Average Trading Volume: 11,601,549
Technical Sentiment Signal: Buy
Current Market Cap: HK$2.85B
See more data about 1432 stock on TipRanks’ Stock Analysis page.