tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Xi’an Kingfar Announces Procurement Agreement with Kingfar Supply Chain

Story Highlights
  • Xi’an Kingfar’s subsidiary Jiatai Property will procure food ingredients from Kingfar Supply Chain.
  • The agreement is a connected transaction under Hong Kong’s Listing Rules, requiring announcements and reviews.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Xi’an Kingfar Announces Procurement Agreement with Kingfar Supply Chain

TipRanks Cyber Monday Sale

Xian Kingfar Property Services Co., Ltd. ( (HK:1354) ) has provided an update.

Xi’an Kingfar Property Services Co., Ltd. has announced that its subsidiary, Jiatai Property, has entered into a Procurement Framework Agreement with Kingfar Supply Chain, a connected company under the same controlling shareholder, Kingfar Group. This agreement, effective from November 1 to December 31, 2025, involves the procurement of food ingredients, such as meat, under specific commercial terms. The transactions are classified as continuing connected transactions under Hong Kong’s Listing Rules, exempt from independent shareholder approval but subject to announcement and annual review requirements.

The most recent analyst rating on (HK:1354) stock is a Hold with a HK$4.50 price target. To see the full list of analyst forecasts on Xian Kingfar Property Services Co., Ltd. stock, see the HK:1354 Stock Forecast page.

More about Xian Kingfar Property Services Co., Ltd.

Xi’an Kingfar Property Services Co., Ltd. is a joint stock company incorporated in the People’s Republic of China. It operates in the property services industry and is involved in procurement activities, particularly focusing on food ingredients through its subsidiary Jiatai Property.

Average Trading Volume: 35,273

Technical Sentiment Signal: Sell

Current Market Cap: HK$304M

See more insights into 1354 stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1