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An update from China Silver Technology Holdings Limited ( (HK:0515) ) is now available.
China Silver Technology Holdings Limited announced a continued suspension of trading due to delays in publishing its 2024-25 Annual Results. The delays are attributed to cashflow and liquidity pressures, overdue payments to staff and service providers, and a shortage of human resources. Additionally, funding shortages have delayed asset valuations, and ongoing disputes with a bank creditor have hindered cashflow projections. The company also faces challenges due to staff departures at the subsidiary level, impacting the receipt of necessary management documents.
The most recent analyst rating on (HK:0515) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on China Silver Technology Holdings Limited stock, see the HK:0515 Stock Forecast page.
More about China Silver Technology Holdings Limited
China Silver Technology Holdings Limited, formerly known as TC Orient Lighting Holdings Limited, is incorporated in the Cayman Islands and operates in the technology sector. The company, along with its subsidiaries, focuses on providing technological solutions, although specific products or services are not detailed in the announcement.
Average Trading Volume: 12,259,472
Technical Sentiment Signal: Sell
Current Market Cap: HK$49.4M
For an in-depth examination of 0515 stock, go to TipRanks’ Overview page.