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China Youran Dairy Enters Connected Transaction for Research Center Sale

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China Youran Dairy Enters Connected Transaction for Research Center Sale

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An update from China Youran Dairy Group Limited ( (HK:9858) ) is now available.

China Youran Dairy Group Limited has entered into a connected transaction with a subsidiary of Yili, involving the sale and purchase of a Ruminant Nutrition and Health Technology Research Center. The agreement stipulates that the Vendor, a wholly-owned subsidiary of China Youran, will complete the development and construction of the Research Center, with the final consideration expected not to exceed RMB250 million. This transaction is subject to reporting and announcement requirements under the Hong Kong Listing Rules, as it involves connected persons.

More about China Youran Dairy Group Limited

China Youran Dairy Group Limited is a company incorporated in the Cayman Islands, operating in the dairy industry. It focuses on the development and sale of dairy products and related technologies, with a significant market presence in China.

Average Trading Volume: 18,573,675

Technical Sentiment Signal: Buy

Current Market Cap: HK$10.35B

See more insights into 9858 stock on TipRanks’ Stock Analysis page.

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