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InnoScience (Suzhou) Technology Holding Co Ltd Class H ( (HK:2577) ) just unveiled an announcement.
InnoScience (Suzhou) Technology Holding Co., Ltd. has announced a strategic cooperation with Guangdong Welling Motor Manufacturing Co., Ltd. to expand the application of gallium nitride (GaN) in residential air conditioner motors. This partnership aims to drive technological innovation and upgrade the air conditioning industry through the development of new GaN products and solutions. The collaboration signifies a deepening relationship with Midea Group, as InnoScience’s GaN chips are already in mass production for Midea’s range hood business division.
The most recent analyst rating on (HK:2577) stock is a Buy with a HK$44.80 price target. To see the full list of analyst forecasts on InnoScience (Suzhou) Technology Holding Co Ltd Class H stock, see the HK:2577 Stock Forecast page.
More about InnoScience (Suzhou) Technology Holding Co Ltd Class H
InnoScience (Suzhou) Technology Holding Co., Ltd. is a company based in China that focuses on the research and development of gallium nitride (GaN) products. The company is involved in creating innovative solutions for various applications, particularly in the field of home appliances.
Average Trading Volume: 1,579,391
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