According to the Wisdom Wealth App, Mengniu Dairy (02319) rose more than 3%, and as of publication, rose 3.44% to HKD 14.42, with a turnover of HKD 176 million.
According to the Beijing News on June 25th, Mengniu Group has held a strategic negotiation meeting with Dakang International Food Co., Ltd. (referred to as "Dakang International"), which is owned by Honeybee Ice City, and both parties have reached multiple cooperation intentions in terms of brand building, product research and development, market development, user expansion, chain strengthening, and material supply.
It is reported that on June 20, Mengniu Group held a strategic cooperation negotiation meeting with Dakang International in Jiaozuo City, Henan Province. During the meeting, Mengniu and Dakang International reached a consensus on the supply of production materials for pasteurized milk, milk powder, and large package milk. In the future, the two parties will also explore more cooperation opportunities in IP linkage, research and development resource cooperation, and supply and warehousing resource sharing.