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Cherish Sunshine International Alters Proceeds Allocation for Strategic Investment

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Cherish Sunshine International Alters Proceeds Allocation for Strategic Investment

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Cherish Sunshine International Limited ( (HK:1094) ) has issued an announcement.

Cherish Sunshine International Limited has announced a change in the allocation of its net proceeds from a recent share placing. Initially, the company planned to invest in new energy projects and expand its procurement services. However, after careful consideration, the company has decided to redirect funds originally intended for procurement service expansion towards investment in intelligent service-related projects, aiming to complete this by the end of 2025.

More about Cherish Sunshine International Limited

Cherish Sunshine International Limited is a company incorporated in Bermuda, focusing on new energy projects and procurement services.

Average Trading Volume: 47,478

Technical Sentiment Signal: Sell

Current Market Cap: HK$186.6M

See more insights into 1094 stock on TipRanks’ Stock Analysis page.

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