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China Shengmu Organic Milk Ltd ( (HK:1432) ) has provided an update.
China Shengmu Organic Milk Ltd announced a significant change in its board composition, with the resignation of Mr. Zhao Jiejun due to personal health reasons and the appointment of Mr. Bai Fengming as a non-executive director. Mr. Bai brings extensive experience from the Mengniu Group, where he has demonstrated strong leadership and innovative sales strategies in the dairy sector. This strategic appointment is expected to enhance the company’s market positioning and operational effectiveness.
The most recent analyst rating on (HK:1432) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on China Shengmu Organic Milk Ltd stock, see the HK:1432 Stock Forecast page.
More about China Shengmu Organic Milk Ltd
China Shengmu Organic Milk Ltd is a company incorporated in the Cayman Islands, focusing on the dairy industry. The company is involved in producing and distributing organic milk products, catering to a market that values sustainability and health-conscious dairy consumption.
Average Trading Volume: 19,995,080
Technical Sentiment Signal: Buy
Current Market Cap: HK$2.77B
For a thorough assessment of 1432 stock, go to TipRanks’ Stock Analysis page.