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YuanShengTai Dairy Farm ( (HK:1431) ) has provided an update.
YuanShengTai Dairy Farm Limited has entered into the 2026 Feihe Master Agreement with China Feihe, confirming the supply of raw milk to Feihe Dairy Group from the commencement date until December 31, 2028. This agreement, which constitutes continuing connected transactions due to China Feihe’s controlling stake in YuanShengTai, requires independent shareholder approval as it exceeds certain financial thresholds under the Listing Rules. An Independent Board Committee and an Independent Financial Adviser have been appointed to guide shareholders, with a special general meeting set to discuss and approve the agreement.
The most recent analyst rating on (HK:1431) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on YuanShengTai Dairy Farm stock, see the HK:1431 Stock Forecast page.
More about YuanShengTai Dairy Farm
YuanShengTai Dairy Farm Limited operates in the dairy industry, focusing on the production and supply of raw milk. The company has established a significant market presence through its long-term agreements with Feihe Dairy Group, a major player in the dairy sector.
Average Trading Volume: 3,782,382
Technical Sentiment Signal: Buy
Current Market Cap: HK$1.31B
See more data about 1431 stock on TipRanks’ Stock Analysis page.