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Lianhua Supermarket Renews Agreements with Bailian Group, Revises Annual Caps

Story Highlights
  • Lianhua Supermarket focuses on retail, supplying goods like fresh produce in Shanghai.
  • The company renews agreements with Bailian Group, revising caps for enhanced cooperation.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Lianhua Supermarket Renews Agreements with Bailian Group, Revises Annual Caps

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Lianhua Supermarket Holdings Co ( (HK:0980) ) has issued an announcement.

Lianhua Supermarket Holdings Co has renewed its agreements with Bailian Group to continue its procurement, supply, and warehouse leasing transactions until 2028. The company aims to enhance its performance and development by revising annual caps due to increased cooperation with Bailian Group and expected market growth, following the disposal of certain subsidiaries to Bailian Group.

More about Lianhua Supermarket Holdings Co

Lianhua Supermarket Holdings Co is a joint stock limited company incorporated in the People’s Republic of China, focusing on the retail industry. The company primarily deals in the procurement and supply of goods, including fresh produce, food, and industrial products, with a market focus in the Shanghai and Zhejiang regions.

YTD Price Performance: -10.0%

Average Trading Volume: 2,970

Technical Sentiment Signal: Strong Buy

Current Market Cap: $64.85M

For a thorough assessment of 0980 stock, go to TipRanks’ Stock Analysis page.

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