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EDA Group Holdings Limited ( (HK:2505) ) has shared an announcement.
EDA Group Holdings Limited, through its subsidiary Yinshan Investment, has entered into a Fund Partnership Agreement with Xizheng Fund to establish and manage two venture capital funds with a total size of RMB200 million. These funds will focus on investing in early to mid-cycle companies in the cross-border e-commerce innovation industries, with a particular emphasis on AI technology and smart warehousing sectors. This strategic move aims to strengthen the company’s position in the e-commerce and technology sectors by leveraging innovative investments.
More about EDA Group Holdings Limited
YTD Price Performance: 31.65%
Average Trading Volume: 593,644
Technical Sentiment Consensus Rating: Strong Sell
For a thorough assessment of 2505 stock, go to TipRanks’ Stock Analysis page.
