Huabao Intl (00336) has announced that its member companies have received a purchase order from Guangdong Tobacco Company, all of which are related to the provision of raw materials for tobacco production to Guangdong Tobacco Company by member companies of the Group. The total cost of the purchase order is approximately RMB 25.8183 million.
Huabao Intl (00336) has announced that its member companies have received a purchase order from Guangdong Tobacco Company, all of which are related to the provision of raw materials for tobacco production to Guangdong Tobacco Company by member companies of the Group. The total cost of the purchase order is approximately RMB 25.8183 million.
The announcement stated that the transaction between the member companies of the Group and Guangdong Tobacco Company is necessary and beneficial to the business operation and expansion of the Group, in order to provide better customer service.