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Shanghai Industrial Holdings ( (HK:0363) ) has provided an announcement.
Shanghai Industrial Holdings, through its subsidiary Wing Fat Printing, has entered into a Procurement Framework Agreement with Shanghai Pharmaceuticals Holding. This agreement, effective from January 1, 2026, to December 31, 2026, allows Wing Fat Group to supply printed packaging materials for pharmaceutical products to Shanghai Pharmaceuticals Holding Group, subject to an annual procurement cap. The agreement is classified as a continuing connected transaction under Hong Kong’s Listing Rules, requiring only reporting, announcement, and annual review due to its size. This strategic move aligns with the company’s efforts to strengthen its market position in the pharmaceutical packaging sector.
The most recent analyst rating on (HK:0363) stock is a Hold with a HK$15.50 price target. To see the full list of analyst forecasts on Shanghai Industrial Holdings stock, see the HK:0363 Stock Forecast page.
More about Shanghai Industrial Holdings
Average Trading Volume: 748,821
Technical Sentiment Signal: Buy
Current Market Cap: HK$15.04B
For an in-depth examination of 0363 stock, go to TipRanks’ Overview page.