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China Isotope & Radiation Corp. Completes Major Share Transfer

Story Highlights
  • China Isotope & Radiation Corp. completed a major share transfer to China National Nuclear Corporation.
  • Despite the transfer, China Baoyuan remains the ultimate controlling shareholder of the company.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
China Isotope & Radiation Corp. Completes Major Share Transfer

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China Isotope & Radiation Corp. ( (HK:1763) ) just unveiled an announcement.

China Isotope & Radiation Corporation announced the completion of the transfer registration for a gratuitous transfer of shares by its controlling shareholder, China Baoyuan Investment Co., Ltd., to China National Nuclear Corporation. This transfer involves 108,085,353 domestic shares, representing approximately 33.79% of the company’s total issued share capital. Despite the transfer, China Baoyuan remains the ultimate controlling shareholder, indicating a strategic alignment with China National Nuclear Corporation, potentially strengthening the company’s position in the nuclear technology sector.

More about China Isotope & Radiation Corp.

China Isotope & Radiation Corporation operates in the nuclear technology industry, focusing on the production and distribution of isotopes and radiation-related products. The company is a key player in the Chinese market, providing essential services and products for medical, industrial, and scientific applications.

Average Trading Volume: 523,228

Technical Sentiment Signal: Buy

Current Market Cap: HK$5.7B

For a thorough assessment of 1763 stock, go to TipRanks’ Stock Analysis page.

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