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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.