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Nameson Holdings Ltd. ( (HK:1982) ) has provided an update.
Nameson Holdings Ltd. has announced two significant agreements involving its subsidiaries and Hebei Yuteng. The first is the 2025 Raw Materials Purchase Agreement, which outlines the purchase of cashmere and other raw materials by Nameson’s subsidiaries from Hebei Yuteng for a year, ensuring competitive pricing. The second is the 2025 Lease Agreement, allowing Nameson’s subsidiary, Nanguan Tech, to lease a factory plant from Hebei Yuteng for cashmere yarn production over three years. These agreements, approved by the board and deemed fair by independent directors, are exempt from certain regulatory requirements, indicating strategic alignment and operational continuity for Nameson Holdings.
More about Nameson Holdings Ltd.
YTD Price Performance: 1.19%
Average Trading Volume: 825,830
Technical Sentiment Signal: Sell
Current Market Cap: HK$1.94B
Learn more about 1982 stock on TipRanks’ Stock Analysis page.