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Tong Ren Tang Technologies Co ( (HK:1666) ) has issued an update.
Tong Ren Tang Technologies Co has announced a Supplemental Trademark Licence Agreement with Tong Ren Tang Holdings, revising the terms and scope of its Current Trademark Licence Agreement. This includes changes to the subsidiaries entitled to use the ‘Tong Ren Tang’ tradename and trademarks, as well as adjustments to the annual caps for transactions under the agreement for 2026 and 2027. These revisions are in compliance with the Hong Kong Listing Rules and are significant for the company’s operational strategy and market positioning, as they impact the company’s licensing arrangements and financial planning.
The most recent analyst rating on (HK:1666) stock is a Hold with a HK$5.50 price target. To see the full list of analyst forecasts on Tong Ren Tang Technologies Co stock, see the HK:1666 Stock Forecast page.
More about Tong Ren Tang Technologies Co
Tong Ren Tang Technologies Co is a company incorporated in the People’s Republic of China, primarily engaged in the pharmaceutical industry. The company focuses on traditional Chinese medicine, utilizing the ‘Tong Ren Tang’ tradename and trademarks to offer its products and services.
Average Trading Volume: 1,198,362
Technical Sentiment Signal: Strong Sell
Current Market Cap: HK$6.05B
See more data about 1666 stock on TipRanks’ Stock Analysis page.