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An update from Tsingtao Brewery Co ( (HK:0168) ) is now available.
Tsingtao Brewery Company Limited has announced the renewal of several framework agreements with its controlling shareholder, Tsingtao Brewery Group, and its subsidiaries for the year 2025. These agreements include the Comprehensive Services Framework Agreement, Entrusted Production and Product Purchase and Sale Framework Agreement, Trademark License Agreement, and Supply Chain Services Framework Agreement. The transactions under these agreements constitute continuing connected transactions under the Hong Kong Listing Rules, requiring reporting and annual review but not independent shareholder approval.
More about Tsingtao Brewery Co
Tsingtao Brewery Company Limited is a prominent entity in the brewing industry, primarily focused on producing beer and related beverages. It operates as a Sino-foreign joint stock limited company established in China and is significantly influenced by its controlling shareholder, Tsingtao Brewery Group.
YTD Price Performance: -3.86%
Average Trading Volume: 3,488
Technical Sentiment Consensus Rating: Hold
Current Market Cap: $11.36B
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