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United Food Holdings Reinforces Tech Partnership

United Food Holdings Reinforces Tech Partnership

United Food Holdings Ltd. (SG:AZR) has released an update.

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United Food Holdings Limited has announced a new Cooperation Agreement with Shenzhen Shareihome Technology Co., Ltd. and its holding company, following the expiration of a previous deal focused on developing Agricultural AI and IoT technologies. The Group had previously invested RMB35 million and provided a RMB50 million loan to support SST’s expansion in smart equipment R&D. This new agreement signifies continued partnership and investment in the burgeoning field of intelligent technology.

For further insights into SG:AZR stock, check out TipRanks’ Stock Analysis page.

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