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Honworld Group’s Subsidiary Gains High-Tech Enterprise Status
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Honworld Group’s Subsidiary Gains High-Tech Enterprise Status

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The latest update is out from Honworld Group Ltd. ( (HK:2226) ).

Honworld Group Limited announced that its wholly-owned subsidiary, Huzhou Laohenghe Brewery Co., Limited, has been recognized as a High and New Technology Enterprise. This designation entitles the subsidiary to favorable tax treatment, reducing its enterprise income tax to 15% for three consecutive financial years, enhancing its financial performance and competitive positioning.

More about Honworld Group Ltd.

Honworld Group Limited is a company incorporated in the Cayman Islands, operating in the food and beverage industry. Its primary focus is on brewing and distributing various types of sauces and condiments, with a significant market presence in China.

YTD Price Performance: -1.67%

Average Trading Volume: 81,382

Technical Sentiment Consensus Rating: Buy

Current Market Cap: HK$341.5M

For detailed information about 2226 stock, go to TipRanks’ Stock Analysis page.

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