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China Shengmu Organic Milk Ltd ( (HK:1432) ) just unveiled an update.
China Shengmu Organic Milk Limited announced that shareholders approved all resolutions at its extraordinary general meeting held on 30 December 2025, including the 2026 Raw Fresh Milk Supply Framework Agreement with a subsidiary of China Mengniu and the 2026 Dabeinong Products and Services Supply Framework Agreement. With interested shareholders, including China Mengniu’s subsidiary and an associate of Dabeinong Group’s de facto controller, abstaining in line with Hong Kong listing rules, the remaining shareholders voted overwhelmingly in favour of both sets of transactions and their annual caps for 2026–2028, ensuring continuity and visibility of key supply and service arrangements that underpin Shengmu’s operational stability and strategic ties with two of its most important industry partners.
The most recent analyst rating on (HK:1432) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on China Shengmu Organic Milk Ltd stock, see the HK:1432 Stock Forecast page.
More about China Shengmu Organic Milk Ltd
China Shengmu Organic Milk Limited is a Hong Kong-listed dairy producer focused on organic milk and related products. The company operates within China’s fast-growing premium dairy segment and maintains supply and service relationships with major industry players, including China Mengniu and Dabeinong Group, positioning it as an integrated participant in upstream raw milk and related agricultural services markets.
Average Trading Volume: 10,667,460
Technical Sentiment Signal: Buy
Current Market Cap: HK$2.93B
Learn more about 1432 stock on TipRanks’ Stock Analysis page.