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Primega Group Enters Premium Baijiu Market with Strategic Acquisition

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Primega Group Enters Premium Baijiu Market with Strategic Acquisition

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Primega Group Holdings ( (ZDAI) ) just unveiled an update.

On August 18, 2025, Primega Group Holdings Limited announced the signing of a memorandum of understanding to acquire China Wangmao Liquor Industry Group Co. Limited, marking its entry into the premium Baijiu market. This acquisition is part of Primega’s strategy to diversify its business portfolio and leverage its expertise in digital technology and capital operations to enhance the liquor group’s operations. The collaboration aims to integrate resources, reduce costs, and improve profit margins, with plans to expand into Southeast Asian and North American markets. This move is expected to enhance Primega’s competitiveness in the premium consumer goods sector and drive sustainable development through innovation.

More about Primega Group Holdings

Primega Group is a holding company registered in the Cayman Islands, operating through its Hong Kong subsidiary, Primega Construction Co. Limited. The company specializes in eco-friendly transportation services and the recycling of construction waste. It focuses on technological innovation, transforming industries such as hospitality and retail, and promoting sustainable value creation.

Average Trading Volume: 219,757

Technical Sentiment Signal: Strong Sell

Current Market Cap: $13.75M

See more insights into ZDAI stock on TipRanks’ Stock Analysis page.

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