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Dmall Inc. Announces EGM to Approve Revised Annual Caps with Wumei Group

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Dmall Inc. Announces EGM to Approve Revised Annual Caps with Wumei Group

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Dmall Inc. ( (HK:2586) ) has provided an update.

Dmall Inc. has announced an extraordinary general meeting to discuss and approve revised annual caps for its ongoing transactions with Wumei Group. The proposed caps for the years ending 2025 and 2026 are RMB1,387.4 million and RMB1,795.2 million, respectively. This move is significant for Dmall Inc. as it aims to strengthen its partnership with Wumei Group and enhance its market position in providing digital solutions to the retail industry.

The most recent analyst rating on (HK:2586) stock is a Sell with a HK$7.50 price target. To see the full list of analyst forecasts on Dmall Inc. stock, see the HK:2586 Stock Forecast page.

More about Dmall Inc.

Dmall Inc. is a company incorporated in the British Virgin Islands, operating primarily in the technology sector. It specializes in providing retail core service cloud solutions and related services, focusing on digital transformation for retail businesses.

Average Trading Volume: 4,615,819

Technical Sentiment Signal: Strong Sell

Current Market Cap: HK$7.55B

For an in-depth examination of 2586 stock, go to TipRanks’ Overview page.

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