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Ausnutria Dairy Corp. Ltd. ( (HK:1717) ) has provided an update.
Ausnutria Dairy Corporation Ltd. has entered into a Probiotics Supply Framework Agreement with Yili Industrial, a controlling shareholder, to supply probiotics and related products until December 2027. This agreement, classified as a continuing connected transaction under Hong Kong’s Listing Rules, does not require independent shareholders’ approval but is subject to reporting and annual review requirements, indicating a strategic partnership that could enhance Ausnutria’s market positioning and operational scope.
The most recent analyst rating on (HK:1717) stock is a Hold with a HK$2.50 price target. To see the full list of analyst forecasts on Ausnutria Dairy Corp. Ltd. stock, see the HK:1717 Stock Forecast page.
More about Ausnutria Dairy Corp. Ltd.
Ausnutria Dairy Corporation Ltd. operates in the dairy industry, focusing on the production and sale of dairy products. The company is involved in the supply of probiotics and related products, with a market focus that includes partnerships with significant shareholders like Yili Industrial.
Average Trading Volume: 249,673
Technical Sentiment Signal: Sell
Current Market Cap: HK$3.79B
For detailed information about 1717 stock, go to TipRanks’ Stock Analysis page.