Tenfu Holdings Updates Annual Report with Leasing Agreement Details
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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.
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