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Dongyue Group Limited ( (HK:0189) ) has issued an update.
Dongyue Group Limited announced that its associated company, Shandong Dongyue Future Hydrogen Energy Materials Co., Ltd., has submitted an application for an initial public offering on the Science and Technology Innovation Board of the Shanghai Stock Exchange. This move could potentially enhance the company’s market presence and influence in the hydrogen energy materials sector, although the approval process remains uncertain.
The most recent analyst rating on (HK:0189) stock is a Buy with a HK$10.60 price target. To see the full list of analyst forecasts on Dongyue Group Limited stock, see the HK:0189 Stock Forecast page.
More about Dongyue Group Limited
Dongyue Group Limited operates in the chemical industry, focusing on the production and sale of fluorinated proton exchange membranes and related materials through its associated company, Shandong Dongyue Future Hydrogen Energy Materials Co., Ltd.
Average Trading Volume: 11,183,259
Technical Sentiment Signal: Buy
Current Market Cap: HK$16.49B
See more insights into 0189 stock on TipRanks’ Stock Analysis page.