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An update from CR Construction Group Holdings Limited ( (HK:1582) ) is now available.
CR Construction Group Holdings Limited has announced the formation of a joint venture (JV) with Tiantai Construction, increasing the JV’s registered capital from RMB50.0 million to RMB96.5 million. This strategic move will see the company holding a 47% equity interest in the JV, which will be accounted as a joint venture of the company, potentially enhancing its market position and operational capabilities in the construction sector.
More about CR Construction Group Holdings Limited
CR Construction Group Holdings Limited operates in the construction industry, focusing on building construction and civil engineering projects. The company is involved in various construction services and has a market focus on infrastructure development.
Average Trading Volume: 121,171
Technical Sentiment Signal: Hold
Current Market Cap: HK$215M
For detailed information about 1582 stock, go to TipRanks’ Stock Analysis page.