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Beisen Holding Ltd. Secures Control Over Target Company Amid Regulatory Compliance

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Beisen Holding Ltd. Secures Control Over Target Company Amid Regulatory Compliance

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Beisen Holding Ltd. ( (HK:9669) ) has issued an announcement.

Beisen Holding Ltd. has completed the transfer of its Target Company’s equity interests to its subsidiary Tianjin WFOE, ensuring compliance with PRC laws and securing control over the Target Company. The company has determined that its principal business is not subject to foreign investment restrictions, thus eliminating the need for previous contractual arrangements.

The most recent analyst rating on (HK:9669) stock is a Buy with a HK$9.50 price target. To see the full list of analyst forecasts on Beisen Holding Ltd. stock, see the HK:9669 Stock Forecast page.

More about Beisen Holding Ltd.

Beisen Holding Ltd. is a company incorporated in the Cayman Islands, operating in the technology sector with a focus on providing online courses and information services through its online platform. The company’s operations are influenced by regulatory requirements in the telecommunications and internet culture sectors.

Average Trading Volume: 835,689

Technical Sentiment Signal: Buy

Current Market Cap: HK$4.33B

For detailed information about 9669 stock, go to TipRanks’ Stock Analysis page.

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