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An update from Dimmi Life Holdings Limited ( (HK:1667) ) is now available.
Dimmi Life Holdings’ wholly owned subsidiary Dimmi Chain has signed a strategic cooperation framework agreement with its first partner in the electronic atomization industry, under which it will act as the partner’s primary raw material supplier in China and collaborate on new technology development. The arrangement formalizes a long‑term strategic partnership aimed at optimizing resource allocation and strengthening both parties’ competitive positions, but also triggers a disclosure requirement under Hong Kong listing rules because the performance deposit Dimmi Chain must pay the partner qualifies as a significant advance to an entity relative to the group’s assets.
The most recent analyst rating on (HK:1667) stock is a Hold with a HK$0.49 price target. To see the full list of analyst forecasts on Dimmi Life Holdings Limited stock, see the HK:1667 Stock Forecast page.
More about Dimmi Life Holdings Limited
Dimmi Life Holdings Limited, incorporated in the Cayman Islands and listed in Hong Kong, operates in the consumer electronics sector with core competencies in technological research and development and supply chain management. The company is now extending these capabilities to serve the electronic atomization and medical aesthetic atomization industries, focusing on raw material supply and technology development support in mainland China.
Average Trading Volume: 392,173
Technical Sentiment Signal: Buy
Current Market Cap: HK$412.8M
For a thorough assessment of 1667 stock, go to TipRanks’ Stock Analysis page.