Brief: Jia Yao Enters Sale Agreements With China Tobacco Hunan, Xiamen Tobacco, Yunnan Tobacco Materials

Jia Yao Holdings

20/08/2019 12:02

Aug 20 (Reuters) - Jia Yao Holdings Ltd  1626.HK :
    * ENTERED INTO SALE AGREEMENTS WITH CHINA TOBACCO HUNAN,
XIAMEN
TOBACCO AND YUNNAN TOBACCO MATERIALS
    * ENTERED INTO PROCESSING AGREEMENTS WITH WUHAN HONG ZHICAI
AND
WUHAN HONGJINLONG
    * HUBEI GOLDEN THREE GORGES TO SUPPLY TO CHINA TOBACCO HUNAN
THREE
GORGES PAPER CIGARETTE PACKAGES
    * HUNAN SALE AGREEMENTS AT UNIT PRICES FROM RMB0.3411 PER
PIECE TO
RMB1.2138 PER PIECE, FOR PERIOD FROM 20 AUGUST 2019 TO 31
DECEMBER 2019
    * PURSUANT TO XIAMEN SALE AGREEMENTS, HUBEI GOLDEN THREE
GORGES TO
SUPPLY TO XIAMEN TOBACCO THREE GORGES PAPER CIGARETTE PACKAGES
    * XIAMEN SALE AGREEMENTS AT UNIT PRICES FROM RMB0.1614 PER
PIECE
TO RMB1.1289 PER PIECE, FOR PERIOD FROM 20 AUGUST 2019 TO 31
DECEMBER 2020

Source text for Eikon:  ID:nHKS5yWDgP 
Further company coverage:  1626.HK 

 ((Reuters.Briefs@thomsonreuters.com;))