Shenzhen Pagoda Renews Franchise Agreement to Strengthen Market Position

Shenzhen Pagoda Industrial (Group) Corp. Ltd. Class H ( (HK:2411) ) has issued an announcement.

Shenzhen Pagoda Industrial (Group) Corp. Ltd. has renewed its franchise agreement with Mr. YU Hang, extending the term until December 31, 2027. This renewal allows Mr. YU Hang to continue operating the fruit sales business under the Pagoda brand, with specific financial arrangements including franchise fees, royalties, and sales of designated fruit products. The agreement is subject to the company’s pricing policy and adheres to the Hong Kong Stock Exchange’s listing rules, reflecting the company’s ongoing strategy to strengthen its market position through franchise operations.

More about Shenzhen Pagoda Industrial (Group) Corp. Ltd. Class H

Shenzhen Pagoda Industrial (Group) Corp. Ltd. is a company based in China, primarily involved in the fruit sales business under the brand ‘Pagoda.’ The company operates through a franchise model, granting licenses to franchisees to sell its fruit products, and is focused on expanding its market presence through these franchise agreements.

YTD Price Performance: -35.46%

Average Trading Volume: 9,168,344

Technical Sentiment Signal: Buy

Current Market Cap: HK$1.34B

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