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GCL Technology Announces Update on Shareholding Interest

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GCL Technology Announces Update on Shareholding Interest

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GCL-Poly Energy Holdings ( (HK:3800) ) has issued an announcement.

GCL Technology Holdings Limited announced a change in shareholding interest, with Mr. Zhu Gongshan, the chairman and executive director, reducing his voting shares to approximately 18.59% of the total issued shares. Despite this change, Mr. Zhu remains optimistic about the company’s prospects and is considering further investments, subject to compliance with legal and regulatory requirements. The company is taking steps to ensure compliance with disclosure obligations and will update the market accordingly.

The most recent analyst rating on (HK:3800) stock is a Buy with a HK$1.70 price target. To see the full list of analyst forecasts on GCL-Poly Energy Holdings stock, see the HK:3800 Stock Forecast page.

More about GCL-Poly Energy Holdings

GCL Technology Holdings Limited is a company incorporated in the Cayman Islands, primarily engaged in the energy sector. It focuses on providing technology-driven solutions and services, with a significant market presence in Asia. The company is involved in various energy-related ventures and is known for its strategic investments and partnerships.

YTD Price Performance: 13.89%

Average Trading Volume: 480,809,897

Technical Sentiment Signal: Buy

Current Market Cap: HK$35.03B

Learn more about 3800 stock on TipRanks’ Stock Analysis page.

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