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Damai Entertainment Revises Annual Cap to RMB100 Million Amid Growing Demand

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Damai Entertainment Revises Annual Cap to RMB100 Million Amid Growing Demand

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Damai Entertainment Holdings Limited ( (HK:1060) ) has issued an update.

Damai Entertainment Holdings Limited has announced a revision of its annual cap for continuing connected transactions under the Purchase Framework Agreement. The original annual cap of RMB36 million for the financial year ending March 31, 2026, has been increased to RMB100 million due to increased demand from new product launches and higher service fees. This revision reflects the company’s growth and operational needs, positioning it to better meet market demands and enhance its financial performance.

The most recent analyst rating on (HK:1060) stock is a Hold with a HK$1.00 price target. To see the full list of analyst forecasts on Damai Entertainment Holdings Limited stock, see the HK:1060 Stock Forecast page.

More about Damai Entertainment Holdings Limited

Damai Entertainment Holdings Limited operates in the entertainment industry, providing various entertainment services and products. The company is focused on expanding its market presence and enhancing its service offerings.

Average Trading Volume: 345,170,332

Technical Sentiment Signal: Buy

Current Market Cap: HK$32.56B

For a thorough assessment of 1060 stock, go to TipRanks’ Stock Analysis page.

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