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CM Energy Tech Co., Ltd. Shareholder Reduces Stake Amid Green Tech Transition

Story Highlights
  • Wah Shun plans to dispose of its shares, reducing its stake in CM Energy Tech.
  • CM Energy Tech foresees no adverse effects and remains optimistic about its green tech future.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
CM Energy Tech Co., Ltd. Shareholder Reduces Stake Amid Green Tech Transition

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CMIC Ocean En-Tech Holding Co ( (HK:0206) ) just unveiled an update.

Wah Shun International Marine Limited has initiated a plan to dispose of its shares in CM Energy Tech Co., Ltd., reducing its stake from 5.38% to 4.95%. Despite this, the company does not foresee any adverse effects on its operations and remains optimistic about its future prospects and transformation into a green technology enterprise.

More about CMIC Ocean En-Tech Holding Co

CM Energy Tech Co., Ltd., incorporated in the Cayman Islands, operates in the energy technology sector with a focus on green technology transformation. The company is committed to stable development and strengthening synergy with shareholders.

Average Trading Volume: 798,807

Technical Sentiment Signal: Buy

Current Market Cap: HK$757.2M

Learn more about 0206 stock on TipRanks’ Stock Analysis page.

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