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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 framework agreement with Yiyingmei Dairy to purchase milk powder, anticipating increased demand. This agreement, effective from August 2025 to December 2026, is part of the company’s strategy to secure a steady supply of milk powder and involves continuing connected transactions 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 involved in the dairy industry, primarily focusing on the production and sale of organic milk and related products. The company operates through its subsidiaries and is engaged in transactions with other dairy companies to meet market demands.
Average Trading Volume: 16,560,093
Technical Sentiment Signal: Buy
Current Market Cap: HK$3.65B
See more insights into 1432 stock on TipRanks’ Stock Analysis page.