Tenfu Holdings Updates Annual Report with Leasing Agreement Details

Tip Ranks
2025.11.11 12:38
portai
I'm PortAI, I can summarize articles.

Tenfu (Cayman) Holdings Co. has updated its annual report for the year ended December 31, 2024, detailing a leasing agreement with Xiamen Mingfeng Commercial Management Co., Ltd. This agreement, effective from January 1, 2023, to December 31, 2025, is classified as a continuing connected transaction, reflecting the company's compliance with listing rules. The latest analyst rating for Tenfu's stock (HK:6868) is a Hold, with a price target of HK$3.00. Tenfu is primarily engaged in the tea industry, focusing on production and retail in China.

Meet Your ETF AI Analyst

  • Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
  • Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.

Tenfu (Cayman) Holdings Co ( (HK:6868) ) just unveiled an announcement.

Tenfu (Cayman) Holdings Co. announced a supplemental update to its annual report for the year ended December 31, 2024, concerning a leasing agreement with Xiamen Mingfeng Commercial Management Co., Ltd. The agreement, which spans from January 1, 2023, to December 31, 2025, involves leasing properties from Mingfeng, a company connected to Tenfu’s core personnel. This constitutes a continuing connected transaction under the listing rules, highlighting the company’s ongoing business relationships and compliance with regulatory requirements.

The most recent analyst rating on (HK:6868) stock is a Hold with a HK$3.00 price target. To see the full list of analyst forecasts on Tenfu (Cayman) Holdings Co stock, see the HK:6868 Stock Forecast page.

More about Tenfu (Cayman) Holdings Co

Tenfu (Cayman) Holdings Co. is a company incorporated in the Cayman Islands, primarily engaged in the tea industry. The company, along with its subsidiaries, focuses on the production, distribution, and retail of tea products, with a significant market presence in China.

Average Trading Volume: 15,661

Technical Sentiment Signal: Sell

Current Market Cap: HK$3.21B

Source: Tip Ranks The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
© 2025 Longbridge｜Disclaimer