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The latest announcement is out from Qingdao AInnovation Technology Group Co. Ltd Class H ( (HK:2121) ).
AInnovation Technology Group Co., Ltd has entered into a supplemental agreement to amend the terms of its acquisition of a 51% equity interest in AInnovation EHigher (Shanghai) Intelligence Technology Co., Ltd. The changes include adjusting the collection date for performance commitments and payment arrangements for the year 2024. This strategic move is aimed at fostering future business cooperation and is deemed fair and reasonable by the company’s board. Additionally, the company has disclosed supplemental information related to its 2024 annual report, including another share transfer agreement to acquire a 51% equity interest in Qingdao Aolipu Qizhi Intelligent Industrial Technology Co., Ltd.
The most recent analyst rating on (HK:2121) stock is a Sell with a HK$5.50 price target. To see the full list of analyst forecasts on Qingdao AInnovation Technology Group Co. Ltd Class H stock, see the HK:2121 Stock Forecast page.
More about Qingdao AInnovation Technology Group Co. Ltd Class H
Qingdao AInnovation Technology Group Co. Ltd Class H operates in the technology sector, focusing on artificial intelligence and intelligent industrial technology solutions. The company is involved in acquiring equity interests in companies that enhance its technological capabilities and market presence.
Average Trading Volume: 2,836,145
Technical Sentiment Signal: Sell
Current Market Cap: HK$3.27B
For an in-depth examination of 2121 stock, go to TipRanks’ Overview page.