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Aumake Forges Major Wine Sales Deal in China

AuMake Ltd. (AU:AUK) has released an update.

Aumake Limited has entered a three-year agreement with Hunter Valley Wine & Tourism Alliance and Dimple Story to promote and sell Hunter Valley wines in China, aiming for A$25.5M in sales by 2027. In addition, Aumake received a purchase order worth A$634,194.76 from China Southern Air Cross Border E-Commerce for Australian wines. These developments are expected to significantly boost Aumake’s profitability and market presence in China’s wine market.

For further insights into AU:AUK stock, check out TipRanks’ Stock Analysis page.

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