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China Isotope & Radiation Corp. Considers Capital Increase for Subsidiary

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China Isotope & Radiation Corp. Considers Capital Increase for Subsidiary

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China Isotope & Radiation Corp. ( (HK:1763) ) has shared an update.

China Isotope & Radiation Corporation announced a potential capital increase for its subsidiary, Chengdu Zhonghe High-Tech Isotope Co., Ltd (CNGT), through a public tender on the China Beijing Equity Exchange. This move aims to address CNGT’s funding needs and optimize its capital structure, supporting business expansion and enhancing operational capabilities. The capital increase is expected to improve the group’s asset quality and risk resilience, although it remains at the preliminary disclosure stage and may not materialize.

More about China Isotope & Radiation Corp.

China Isotope & Radiation Corporation is involved in the development, production, and sales of radioactive isotope products. The company also engages in import-export trade and cargo transportation, with a focus on enhancing its core business and operational capabilities.

Average Trading Volume: 526,764

Technical Sentiment Signal: Buy

Current Market Cap: HK$5.14B

Find detailed analytics on 1763 stock on TipRanks’ Stock Analysis page.

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