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China Overseas Nuoxin International Holdings Limited ( (HK:0464) ) just unveiled an update.
China In-Tech Limited has announced measures to address a disclaimer of opinion regarding its going concern status. The company is actively seeking new financial arrangements, has secured a shareholder loan agreement, and is negotiating with potential investors for further fundraising. Additionally, it has implemented cost control measures, including staff reductions, to ensure sufficient cash flow for the next twelve months. The company remains committed to resolving financial uncertainties and will continue to update stakeholders as necessary.
The most recent analyst rating on (HK:0464) stock is a Hold with a HK$1.00 price target. To see the full list of analyst forecasts on China Overseas Nuoxin International Holdings Limited stock, see the HK:0464 Stock Forecast page.
More about China Overseas Nuoxin International Holdings Limited
China In-Tech Limited is a company incorporated in the Cayman Islands, focusing on the electrical haircare appliance industry. The company is involved in manufacturing and optimizing human resources management within this segment.
Average Trading Volume: 8,145,250
Technical Sentiment Signal: Strong Buy
Current Market Cap: HK$709.5M
See more insights into 0464 stock on TipRanks’ Stock Analysis page.