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Hope Life International Holdings Ltd. ( (HK:1683) ) has provided an announcement.
Hope Life International Holdings Ltd. has successfully completed the placing of 141,040,000 new shares under a general mandate, raising approximately HK$83.63 million. The proceeds will be used for funding new construction projects, launching an advertising campaign for a new huangjiu product, and supporting the operation of a new huangjiu production plant. Additionally, the company has completed the acquisition of target assets and secured a 20-year lease for property use, enhancing its operational capabilities.
More about Hope Life International Holdings Ltd.
Hope Life International Holdings Ltd. is a company incorporated in the Cayman Islands, focusing on construction projects and the production of huangjiu, a traditional Chinese alcoholic beverage. The company is involved in new construction projects and has a market focus on expanding its huangjiu product line.
Average Trading Volume: 7,977,472
Technical Sentiment Signal: Hold
Current Market Cap: HK$1.37B
Learn more about 1683 stock on TipRanks’ Stock Analysis page.