Link-Asia International Medtech Group Ltd. (HK:1143) has released an update.
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China Energy Storage Technology Development Limited has announced the creation of a new subsidiary, Jiangsu Bize Technology Development Co., Ltd., to focus on energy storage projects in China. This move is aimed at enhancing the company’s energy storage technology and exploring new growth opportunities. Currently, the subsidiary has not begun operations and is not expected to significantly impact the company’s financials for 2024.
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