Huabao Extends Connected Tobacco Materials Supply Deal With Broad Far to 2028

The latest announcement is out from Huabao International Holdings ( (HK:0336) ).

Huabao International Holdings has renewed and extended its business relationship with Broad Far Group via a new three-year framework agreement under which Chemactive and its subsidiaries will continue to supply tobacco-related raw materials and related services to Broad Far Group from 1 January 2026 to 31 December 2028, supporting the group’s strategy to expand its tobacco-related customer base and product applications beyond mainland China and bolster revenue. Because Broad Far is ultimately controlled by Madam Chu, an associate of a connected person under Hong Kong’s Listing Rules, the transactions are classified as continuing connected transactions; the applicable percentage ratios exceed 0.1% but remain below 5%, subjecting the deal to reporting, announcement and annual review requirements while exempting it from independent shareholders’ approval.

The most recent analyst rating on (HK:0336) stock is a Hold with a HK$5.00 price target. To see the full list of analyst forecasts on Huabao International Holdings stock, see the HK:0336 Stock Forecast page.

More about Huabao International Holdings

Huabao International Holdings, through its wholly owned subsidiary Chemactive, is engaged in the research and development, production, distribution and sales of flavours and fragrances, food ingredients, tobacco raw materials—such as reconstituted tobacco leaves and new materials for the tobacco industry—alongside aroma raw materials and condiment products, primarily serving the PRC market while leveraging partnerships to reach overseas consumer markets.

Average Trading Volume: 6,273,514

Technical Sentiment Signal: Buy

Current Market Cap: HK$15.25B

For detailed information about 0336 stock, go to TipRanks’ Stock Analysis page.