SEHK:6186Food
Does China Feihe's (SEHK:6186) Latest Fund Deployment Reveal a Shift in Capital Allocation Strategy?
China Feihe Limited recently announced that its subsidiary, Feihe HLJ, subscribed to RMB500 million in financial products from SPD Bank and provided further details on its NL47 Procurement Framework Agreement for agricultural products.
These developments indicate the company is actively optimizing its idle funds and expanding procurement to meet rising demand on its e-commerce platform.
Now, we'll consider how China Feihe’s approach to capital allocation and procurement influences its...