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China High Speed Transmission Equipment Group Co ( (HK:0658) ) has issued an announcement.
China High Speed Transmission Equipment Group Co., Ltd. has issued a voluntary announcement addressing allegations made by Fullshare Holdings Limited. The company refutes claims of a purported investigation result by Fullshare, emphasizing the lack of credible evidence and the ongoing PRC Criminal Investigation into suspected embezzlement. The company remains committed to transparency and urges stakeholders to treat Fullshare’s assertions with caution.
The most recent analyst rating on (HK:0658) stock is a Hold with a HK$1.50 price target. To see the full list of analyst forecasts on China High Speed Transmission Equipment Group Co stock, see the HK:0658 Stock Forecast page.
More about China High Speed Transmission Equipment Group Co
China High Speed Transmission Equipment Group Co., Ltd. operates in the transmission equipment industry, focusing on high-speed gear transmission systems. The company is involved in the production and sale of transmission equipment and related products, catering primarily to the wind power and industrial sectors.
Average Trading Volume: 1,708,971
Technical Sentiment Signal: Hold
Current Market Cap: HK$2.94B
Learn more about 0658 stock on TipRanks’ Stock Analysis page.