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CCIAM Future Energy Ltd. ( (HK:0145) ) has provided an update.
CCIAM Future Energy Ltd. announced a memorandum of agreement between its subsidiary, CCIAM Engineering, and Key Action Limited to establish an electric scooter assembly line in Asia. This partnership will enable Key Action to import, assemble, and distribute electric scooters and related components across Asia, leveraging CCIAM’s expertise and technology. The collaboration is expected to enhance market expansion beyond the PRC and Hong Kong, creating synergies with CCIAM’s charging technology and supporting the company’s growth strategy. The projected capital expenditure for the project is HK$40 million in 2025 and HK$60 million in 2026, with anticipated sales growth over three years.
More about CCIAM Future Energy Ltd.
CCIAM Future Energy Ltd. operates in the energy-saving industry, focusing on providing energy efficiency solutions, loan financing services, and treasury investments. The company is committed to helping customers reduce their carbon footprint through innovative and sustainable solutions, and it has been granted a patent for an electric vehicle charging station on a floating platform.
Average Trading Volume: 1,455,002
Technical Sentiment Signal: Sell
Current Market Cap: HK$49.07M
For detailed information about 0145 stock, go to TipRanks’ Stock Analysis page.