Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
China Youran Dairy Group Limited ( (HK:9858) ) has issued an announcement.
China Youran Dairy Group Limited has entered into a lease agreement with Xianyang Zhongshanmu for the lease of assets used in dairy farming. The lease, which begins in December 2024, is considered a discloseable transaction under the Listing Rules due to its size, with the transaction value exceeding 5% but less than 25% of applicable percentage ratios. The agreement includes a 20-year initial term with a possible 5-year renewal, and the rent is set at 8% of the investment amount, capped at RMB400 million.
More about China Youran Dairy Group Limited
China Youran Dairy Group Limited is a company incorporated in the Cayman Islands, primarily operating in the dairy farming industry. It focuses on the lease and management of assets related to dairy farming, with a significant market presence in Inner Mongolia.
YTD Price Performance: 45.45%
Average Trading Volume: 14,099,475
Technical Sentiment Signal: Sell
Current Market Cap: HK$9.34B
For detailed information about 9858 stock, go to TipRanks’ Stock Analysis page.