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Shenzhen Pagoda Industrial (Group) Corp. Ltd. Class H ( (HK:2411) ) has provided an update.
Shenzhen Pagoda Industrial (Group) Corporation Limited has announced a supplemental update regarding the renewal of its continuing connected transactions under the 2025 Franchise Framework Agreement with franchisee Mr. YU Hang. The agreement, effective retrospectively from January 1, 2025, outlines a structured royalty fee system based on the monthly gross profit of franchised stores, with progressive rates applied to both online and offline channels. The company maintains a transparent and unified royalty policy across all franchises, and transactions are facilitated through an intelligent ordering system with monthly settlements. This renewal aims to streamline operations and ensure consistent commercial terms for all franchisees, reinforcing the company’s market positioning and operational efficiency.
More about Shenzhen Pagoda Industrial (Group) Corp. Ltd. Class H
Shenzhen Pagoda Industrial (Group) Corporation Limited is a joint stock company incorporated in the People’s Republic of China. The company operates in the franchise industry, focusing on providing a unified franchise framework for its franchisees and franchised stores. It offers a transparent royalty policy and utilizes an intelligent ordering system to manage transactions, ensuring consistent pricing standards for both franchisees and independent third parties.
YTD Price Performance: -35.46%
Average Trading Volume: 7,095,445
Technical Sentiment Signal: Strong Buy
Current Market Cap: HK$1.25B
Find detailed analytics on 2411 stock on TipRanks’ Stock Analysis page.