Lianhua Supermarket Signs Strategic Management Agreement with Shanghai Dongran

An announcement from Lianhua Supermarket Holdings Co ( (HK:0980) ) is now available.

Lianhua Supermarket Holdings Co., Ltd. has signed an Entrustment Management Agreement with Shanghai Dongran, effective until December 2027. Under this agreement, Lianhua will provide operating management and resource support services to the target companies, with an annual service fee cap of RMB4,000,000. This agreement considers personnel costs, brand royalty, and proportional revenue share from the target companies, indicating a strategic move to enhance operational efficiency and expand its market presence.

More about Lianhua Supermarket Holdings Co

Lianhua Supermarket Holdings Co., Ltd. is a joint stock limited company incorporated in the People’s Republic of China, operating within the retail industry. The company primarily engages in providing operating management services and resources supporting services, focusing on supermarket operations and related retail activities.

YTD Price Performance: 109.52%

Average Trading Volume: 540

Technical Sentiment Consensus Rating: Hold

Current Market Cap: $56.09M

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