YuanShengTai Dairy Farm (HK:1431) has released an update.
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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.
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