JS Global Sets 2026 Cap on SharkNinja Brand License Transactions at US$28 Million

JS Global Lifestyle Company Limited ( (HK:1691) ) has issued an update.

JS Global Lifestyle Company Limited has set a proposed annual cap of US$28 million for 2026 on transactions under its Brand License Agreement with SharkNinja Europe, covering license royalties tied to sales of SharkNinja-branded products in the Asia-Pacific region and Greater China. As SharkNinja Europe is deemed a connected person under Hong Kong listing rules via its ownership structure linked to JS Global’s controlling shareholders, these arrangements qualify as continuing connected transactions; however, because the applicable percentage ratios fall between 0.1% and 5%, the deal is subject only to reporting and announcement requirements and is exempt from the need for a circular and independent shareholders’ approval, providing regulatory clarity around a key long-term revenue and brand collaboration stream for the group.

The most recent analyst rating on (HK:1691) stock is a Hold with a HK$2.00 price target. To see the full list of analyst forecasts on JS Global Lifestyle Company Limited stock, see the HK:1691 Stock Forecast page.

More about JS Global Lifestyle Company Limited

JS Global Lifestyle Company Limited, incorporated in the Cayman Islands and listed in Hong Kong, operates in the consumer lifestyle and home appliance sector. Through its arrangements with the SharkNinja Group, the company focuses on obtaining, producing, sourcing, distributing and selling SharkNinja (SN) branded products across the Asia-Pacific region and Greater China under a long-term brand licensing framework.

Average Trading Volume: 13,408,435

Technical Sentiment Signal: Strong Buy

Current Market Cap: HK$6.54B

See more data about 1691 stock on TipRanks’ Stock Analysis page.