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GCL-Poly Energy Holdings ( (HK:3800) ) has issued an update.
GCL Technology Holdings Limited, through its subsidiary Suzhou GCL Research, has entered into a series of new lease agreements with GCL Energy Technology Group. These agreements involve leasing various portions of their research and headquarters buildings to different subsidiaries, including GCL Xinke, GCL Power Sales, and GCL Intelligent Financial Consulting, for terms ranging from one to two years. This strategic move is aimed at optimizing the use of their facilities and ensuring continuity in their operations. The new lease agreements, effective from 2025 to 2027, reflect GCL’s ongoing efforts to manage its real estate assets efficiently and support its subsidiaries’ operational needs.
The most recent analyst rating on (HK:3800) stock is a Sell with a HK$1.00 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
YTD Price Performance: 7.41%
Average Trading Volume: 661,812,845
Technical Sentiment Signal: Sell
Current Market Cap: HK$38.53B
See more insights into 3800 stock on TipRanks’ Stock Analysis page.