Huabao International Holdings (HK:0336) has released an update.
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Huabao International Holdings has reported connected transactions involving the supply of tobacco raw materials to Guangdong Tobacco Company, amounting to approximately RMB34.95 million. These transactions, which fall under the Hong Kong Stock Exchange’s listing rules, require the company to adhere to specific reporting and disclosure obligations. Huabao holds a significant equity interest in Guangdong Jinke, a subsidiary involved in these transactions.
For further insights into HK:0336 stock, check out TipRanks’ Stock Analysis page.
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