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China Anchu Energy Completes Strategic Acquisition
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China Anchu Energy Completes Strategic Acquisition

China Anchu Energy Storage Group Ltd (HK:2399) has released an update.

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China Anchu Energy Storage Group Ltd has successfully completed the acquisition of a 29% equity interest in its target company, bringing its total ownership to 80%. The transaction involved issuing 200 million new shares, affecting the company’s shareholding structure. Investors may want to note the strategic expansion and its potential impact on the company’s financial performance.

For further insights into HK:2399 stock, check out TipRanks’ Stock Analysis page.

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