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GDH Guangnan Announces New Slaughterhouse Project in Foshan City

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GDH Guangnan Announces New Slaughterhouse Project in Foshan City

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GDH Guangnan (Holdings) Limited ( (HK:1203) ) has shared an announcement.

GDH Guangnan (Holdings) Limited announced that its subsidiary, GDH Lishui Food, has entered into a construction agreement with several contractors for the development of a slaughterhouse and ancillary facilities in Lishui Town, Foshan City. The project, valued at approximately RMB109,828,000, is expected to enhance the company’s operational capabilities in the food industry. The construction is set to be completed within 290 days, and the transaction is classified as a discloseable transaction under the Hong Kong Stock Exchange’s listing rules.

The most recent analyst rating on (HK:1203) stock is a Buy with a HK$1.00 price target. To see the full list of analyst forecasts on GDH Guangnan (Holdings) Limited stock, see the HK:1203 Stock Forecast page.

More about GDH Guangnan (Holdings) Limited

GDH Guangnan (Holdings) Limited operates in the food industry, focusing on the development and management of food-related projects. The company is involved in the construction and operation of facilities such as slaughterhouses, which are essential for food processing and distribution.

YTD Price Performance: 55.93%

Average Trading Volume: 891,898

Technical Sentiment Signal: Buy

Current Market Cap: HK$835M

For detailed information about 1203 stock, go to TipRanks’ Stock Analysis page.

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