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The latest announcement is out from Harbin Electric Co. Ltd. Class H ( (HK:1133) ).
Harbin Electric Co. Ltd. has announced a capital injection agreement with Jiamusi Electric and Power Equipment Company, highlighting a significant appreciation in the valuation of Power Equipment Company. The valuation shows an increase in both current and fixed assets, with a notable rise in net assets by 47.58%, which could enhance the company’s financial position and market competitiveness.
More about Harbin Electric Co. Ltd. Class H
Harbin Electric Co. Ltd. Class H is a joint stock company incorporated in the People’s Republic of China, operating in the electric and power equipment industry. The company focuses on manufacturing and providing a range of power equipment products and services.
Average Trading Volume: 5,224,195
Technical Sentiment Signal: Buy
Current Market Cap: HK$13.73B
See more insights into 1133 stock on TipRanks’ Stock Analysis page.