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Link-Asia International Medtech Group Ltd. ( (HK:1143) ) has shared an update.
China Energy Storage Technology Development Limited has completed the acquisition of the entire equity interest in a target company, making it a wholly-owned subsidiary. The acquisition, finalized on September 18, 2025, involved a consideration adjustment based on the net asset value, resulting in a final payment of HK$21,124,996. This strategic move will see the financial results of the acquired company consolidated into the group’s financial statements, potentially strengthening its market position in the energy storage sector.
The most recent analyst rating on (HK:1143) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on Link-Asia International Medtech Group Ltd. stock, see the HK:1143 Stock Forecast page.
More about Link-Asia International Medtech Group Ltd.
China Energy Storage Technology Development Limited, formerly known as Link-Asia International MedTech Group Ltd., operates in the energy storage industry. The company focuses on developing technologies and solutions for energy storage, serving a market that is increasingly looking for sustainable and efficient energy solutions.
Average Trading Volume: 1,834,092
Technical Sentiment Signal: Sell
Current Market Cap: HK$93.08M
See more insights into 1143 stock on TipRanks’ Stock Analysis page.