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Tenfu (Cayman) Holdings Co ( (HK:6868) ) has shared an update.
Tenfu (Cayman) Holdings has renewed three sets of continuing connected transactions for 2026–2028, covering purchases of tea ware from Lu Yu, processing services from Samoa Company, and property leasing from Mingfeng, all entities associated with core connected persons. The renewed agreements set annual caps of up to RMB20 million for tea ware, RMB1.452 million for processing, and rental and right-of-use asset caps of RMB2.601 million and RMB7 million respectively, and will be subject to Hong Kong Listing Rules reporting and annual review requirements but exempt from independent shareholders’ approval, ensuring operational continuity while formalising related-party dealings.
The most recent analyst rating on (HK:6868) stock is a Hold with a HK$2.50 price target. To see the full list of analyst forecasts on Tenfu (Cayman) Holdings Co stock, see the HK:6868 Stock Forecast page.
More about Tenfu (Cayman) Holdings Co
Tenfu (Cayman) Holdings Company Limited is a tea-focused consumer goods group listed in Hong Kong, engaged in the production, processing and retail of tea and related products. The company also sells tea ware and leases retail and operational properties, supporting a vertically integrated business model across Greater China’s tea market.
Average Trading Volume: 14,441
Technical Sentiment Signal: Sell
Current Market Cap: HK$3.12B
See more insights into 6868 stock on TipRanks’ Stock Analysis page.