tiprankstipranks
Trending News
More News >

Shanghai Chicmax Expands Product and Service Agreement with Yinxi Shanghai

Story Highlights
  • Shanghai Chicmax expands agreement with Yinxi Shanghai to include tea and fragrance products.
  • The expansion aims to diversify offerings and strengthen supply chain management.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Shanghai Chicmax Expands Product and Service Agreement with Yinxi Shanghai

Don’t Miss TipRanks’ Half-Year Sale

Shanghai Chicmax Cosmetics Co., Ltd. Class H ( (HK:2145) ) has shared an update.

Shanghai Chicmax Cosmetics Co., Ltd. has entered into a supplemental agreement with Yinxi Shanghai to expand the scope of their existing Product Purchasing and Services Framework Agreement. This expansion includes the purchase of tea products, indoor fragrance products, home ornament items, teahouse services, and recreational services from Yinxi Shanghai Group. The agreement maintains the previous terms and annual transaction caps, ensuring that purchases are made on a fair and reasonable basis at market prices. This move could enhance Shanghai Chicmax’s market positioning by diversifying its product offerings and strengthening its supply chain management.

The most recent analyst rating on (HK:2145) stock is a Buy with a HK$62.00 price target. To see the full list of analyst forecasts on Shanghai Chicmax Cosmetics Co., Ltd. Class H stock, see the HK:2145 Stock Forecast page.

More about Shanghai Chicmax Cosmetics Co., Ltd. Class H

Shanghai Chicmax Cosmetics Co., Ltd. is a company based in the People’s Republic of China, primarily involved in the cosmetics industry. The company focuses on the production and sale of cosmetic products and related services.

Average Trading Volume: 2,181,676

Technical Sentiment Signal: Buy

Current Market Cap: HK$33.63B

Learn more about 2145 stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1