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Nongfu Spring Renews Key Agreements for Continued Operations

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Nongfu Spring Renews Key Agreements for Continued Operations

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Nongfu Spring Co., Ltd. Class H ( (HK:9633) ) has shared an update.

Nongfu Spring Co., Ltd. has announced the renewal of its continuing connected transactions under the New Purchasing Framework Agreement and the New Basic R&D and Test Service Framework Agreement. These agreements, set to commence on January 1, 2026, and last until December 31, 2028, involve transactions with Yangshengtang, a substantial shareholder. The renewal reflects the company’s strategic planning to ensure ongoing operations and compliance with the Listing Rules, impacting its market positioning and stakeholder relationships.

The most recent analyst rating on (HK:9633) stock is a Hold with a HK$52.00 price target. To see the full list of analyst forecasts on Nongfu Spring Co., Ltd. Class H stock, see the HK:9633 Stock Forecast page.

More about Nongfu Spring Co., Ltd. Class H

Nongfu Spring Co., Ltd. is a joint stock company incorporated in the People’s Republic of China, primarily operating in the beverage industry. The company is known for its bottled water products and other beverages, and it focuses on providing high-quality products to its consumers.

Average Trading Volume: 6,017,590

Technical Sentiment Signal: Buy

Current Market Cap: HK$527.9B

Find detailed analytics on 9633 stock on TipRanks’ Stock Analysis page.

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