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Guoquan Food (Shanghai) Company., Ltd. Class H ( (HK:2517) ) has issued an update.
Guoquan Food (Shanghai) Co., Ltd. has announced its intention to invest approximately RMB490 million in constructing a new food production base in Danzhou, Hainan Province. This strategic move aims to align with the company’s long-term development objectives and expand its geographical reach, potentially providing more convenience for business development. The company emphasizes that the investment may not materialize and advises caution to shareholders and potential investors.
More about Guoquan Food (Shanghai) Company., Ltd. Class H
Guoquan Food (Shanghai) Co., Ltd. is a joint stock company incorporated in the People’s Republic of China, operating in the food industry. The company focuses on leveraging its resources and advantages to expand its geographical coverage and enhance its industrial ecosystem.
Average Trading Volume: 52,931,205
Technical Sentiment Signal: Buy
Current Market Cap: HK$10.78B
For a thorough assessment of 2517 stock, go to TipRanks’ Stock Analysis page.