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YNBY International Updates on Yunnan Baiyao Distribution Agreement

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YNBY International Updates on Yunnan Baiyao Distribution Agreement

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The latest announcement is out from Ban Loong Holdings Limited ( (HK:0030) ).

YNBY International Limited, incorporated in Bermuda, has announced a supplemental update regarding its exclusive distributorship authorization to distribute Yunnan Baiyao Group products. The company, which operates under the stock code 00030, is involved in the distribution of these products to overseas markets. The announcement highlights the continuation of the Framework Agreement, effective from May 15, 2023, to May 15, 2026, and the company’s ongoing assessment of the transactions’ impact on financial performance. YNBY International Limited plans to monitor market trends and may negotiate new agreements or renewals with Yunnan Baiyao Group upon the agreement’s expiry.

More about Ban Loong Holdings Limited

YTD Price Performance: 16.00%

Average Trading Volume: 2,426,887

Technical Sentiment Signal: Hold

Current Market Cap: HK$1.57B

See more insights into 0030 stock on TipRanks’ Stock Analysis page.

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