AuMake Ltd. (AU:AUK) has released an update.
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Aumake Limited has secured a significant A$16 million purchase order from Chinese State-Owned Enterprise Yangtze River New Silk Road International Logistics Group, marking a crucial step in expanding its presence in the Chinese market. This deal, focusing on premium Australian agricultural products, is expected to boost Aumake’s revenue and strengthen its strategic partnerships as trade relations between Australia and China improve. The company’s robust supply chain capabilities and management expertise position it well for future growth and additional agreements with Chinese SOEs.
For further insights into AU:AUK stock, check out TipRanks’ Stock Analysis page.