Nameson renews connected cashmere sourcing deal with Hebei Yuteng

Nameson Holdings Ltd. ( (HK:1982) ) has shared an update.

Nameson Holdings Ltd. has entered into a new one-year raw materials purchase agreement under which its subsidiaries Nanguan Tech and Moro International will buy cashmere and other raw materials from Hebei Yuteng between 1 April 2026 and 31 March 2027. Hebei Yuteng, a substantial shareholder in these units and controlled by their directors, is deemed a connected person under Hong Kong listing rules, making the deal a continuing connected transaction at the subsidiary level.

The agreement sets a pricing mechanism requiring Hebei Yuteng to charge no more than prevailing market prices or prices offered to its other customers, with deliveries, quality checks and invoicing governed by written order forms and tight payment timelines. The board and independent non-executive directors have approved the terms as fair, on normal commercial terms and in the group’s ordinary course of business, allowing the transaction to proceed without a shareholder circular or independent financial advice, thereby ensuring supply continuity while keeping compliance and minority shareholder protections in focus.

The most recent analyst rating on (HK:1982) stock is a Hold with a HK$1.00 price target. To see the full list of analyst forecasts on Nameson Holdings Ltd. stock, see the HK:1982 Stock Forecast page.

More about Nameson Holdings Ltd.

Nameson Holdings Ltd., incorporated in the Cayman Islands and listed in Hong Kong, operates through subsidiaries including Nanguan Tech and Moro International. The group is involved in sourcing cashmere and other textile raw materials, highlighting a focus on the knitwear and apparel supply chain with ties to upstream material providers such as Hebei Yuteng.

Average Trading Volume: 745,293

Technical Sentiment Signal: Buy

Current Market Cap: HK$2.3B

For a thorough assessment of 1982 stock, go to TipRanks’ Stock Analysis page.