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China Ludao Technology Co. Ltd. ( (HK:2023) ) has shared an update.
China Ludao Technology Co. Ltd. announced that its subsidiary, Zhejiang Sinopharm Junyue Aerosol Co., Ltd, has received a Work Safety Licence for Hazardous Chemicals from the Zhejiang Provincial Department of Emergency Management. This development allows the subsidiary to legally manufacture aerosol products across nine categories of hazardous chemicals, marking a significant advancement in the company’s strategic positioning within the aerosol industry. The license is expected to boost the company’s production capacity and competitiveness in global high-end markets, supporting its rapid expansion and commitment to quality development in the industry.
The most recent analyst rating on (HK:2023) stock is a Hold with a HK$1.00 price target. To see the full list of analyst forecasts on China Ludao Technology Co. Ltd. stock, see the HK:2023 Stock Forecast page.
More about China Ludao Technology Co. Ltd.
China Ludao Technology Co. Ltd. operates in the aerosol industry, focusing on the production of high-value-added aerosol products such as antiperspirants, sunscreen sprays, and insecticide aerosols. The company is committed to enhancing its production capabilities and market presence through advanced production technologies and safety standards.
Average Trading Volume: 57,959
Technical Sentiment Signal: Sell
Current Market Cap: HK$368.8M
For an in-depth examination of 2023 stock, go to TipRanks’ Overview page.