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Eva Precision Announces Land and Property Disposal in Weihai City

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Eva Precision Announces Land and Property Disposal in Weihai City

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Eva Precision Industrial Holdings Limited ( (HK:0838) ) has provided an update.

Eva Precision Industrial Holdings Limited, through its indirect wholly-owned subsidiary Intops Electronics, has entered into a sale and purchase agreement with Weihai Innovation Park for the disposal of land and properties in Weihai City. The transaction, valued at approximately RMB64,107,700, is classified as a discloseable transaction under the Listing Rules, requiring reporting and announcement but not shareholder approval. This strategic move may impact the company’s asset management and financial positioning, potentially influencing stakeholder perceptions and market dynamics.

The most recent analyst rating on (HK:0838) stock is a Buy with a HK$1.40 price target. To see the full list of analyst forecasts on Eva Precision Industrial Holdings Limited stock, see the HK:0838 Stock Forecast page.

More about Eva Precision Industrial Holdings Limited

Average Trading Volume: 1,366,758

Technical Sentiment Signal: Buy

Current Market Cap: HK$1.32B

For detailed information about 0838 stock, go to TipRanks’ Stock Analysis page.

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