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Guan Chao Holdings Limited ( (HK:1872) ) has provided an update.
Guan Chao Holdings Limited announced that its subsidiary, AlphaMind AI, has entered into two non-legally binding memoranda of understanding with Shenzhen Jingtai and Shenzhen Lizhi Ruiya. These agreements aim to secure exclusive licenses for significant patents and trademarks, enabling AlphaMind AI to develop and commercialize proprietary compounds and related products globally. The potential transactions are expected to enhance the company’s market positioning and operational capabilities, with further negotiations and due diligence to formalize the agreements.
More about Guan Chao Holdings Limited
Guan Chao Holdings Limited operates in the technology industry through its wholly owned subsidiary, AlphaMind AI. The company focuses on developing and leveraging advanced technologies, including proprietary compounds and intellectual properties, to create innovative solutions and products for the global market.
Average Trading Volume: 3,576,948
Technical Sentiment Signal: Buy
Current Market Cap: HK$1.93B
Learn more about 1872 stock on TipRanks’ Stock Analysis page.