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China Finance Investment Holdings Limited ( (HK:0875) ) has provided an update.
Congyu Intelligent Agricultural Holdings Limited announced a supplemental update on its subscription of new shares under a general mandate. The company plans to raise approximately HK$42.3 million, with the proceeds allocated for procurement, debt repayment, and general working capital. The subscription is contingent on certain conditions being met by March 18, 2025, and involves six professional investors experienced in various industries. This move is expected to bolster the company’s financial position and operational capabilities.
More about China Finance Investment Holdings Limited
Congyu Intelligent Agricultural Holdings Limited operates in the agricultural industry, focusing on the procurement and distribution of agricultural and meat produce, poultry, seafood, and prepared food.
YTD Price Performance: -54.72%
Average Trading Volume: 729,725
Technical Sentiment Consensus Rating: Buy
Current Market Cap: HK$273.1M
See more insights into 0875 stock on TipRanks’ Stock Analysis page.