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Huabao International Holdings ( (HK:0336) ) just unveiled an update.
Huabao Flavours & Fragrances, a Shenzhen-listed subsidiary of Huabao International Holdings, has so far used about 41% of the RMB2.31 billion net proceeds from its 2018 IPO, leaving a substantial balance of unutilised funds and related income carried into 2025. The company has repeatedly extended the timelines for deploying IPO proceeds into its Huabao Technology Innovation Center and digital transformation platform, with the tech innovation project now pushed out to end-2030 and the digital project to end-2028, signalling prolonged execution of its investment plans while the bulk of funds remains parked in a regulated special account pending new project approvals.
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 subsidiary Huabao Flavours & Fragrances Co., Ltd., operates in the flavours and fragrances industry, supplying food flavours, tobacco flavours and new tobacco materials. The group focuses on technology innovation and digital transformation to enhance research capabilities and improve operational efficiency, supported by capital raised from Huabao Flavours’ ChiNext IPO in Shenzhen.
Average Trading Volume: 5,718,487
Technical Sentiment Signal: Buy
Current Market Cap: HK$13.95B
See more data about 0336 stock on TipRanks’ Stock Analysis page.