YuanShengTai Dairy Farm (HK:1431) has released an update.
Claim 70% Off TipRanks This Holiday Season
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
YuanShengTai Dairy Farm Limited is set to increase its revenue dependency limit on Feihe Dairy Group from 90% to 96% for the next two years, as shareholders prepare to vote on this adjustment at their upcoming special general meeting. This move reflects the company’s strategic alignment with one of its major partners, indicating significant collaboration in the coming years. Investors may find this development noteworthy as it could impact the company’s revenue dynamics.
For further insights into HK:1431 stock, check out TipRanks’ Stock Analysis page.