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Jiangsu Guofu Completes HK$90.98 Million H Share Placement to Boost Hydrogen Projects

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Jiangsu Guofu Completes HK$90.98 Million H Share Placement to Boost Hydrogen Projects

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Jiangsu Guofu Hydrogen Energy Equipment Co., Ltd. Class H ( (HK:2582) ) has shared an announcement.

Jiangsu Guofu Hydrogen Energy Equipment Co., Ltd. has successfully completed the placing of 1,730,000 new H Shares, raising approximately HK$90.98 million in net proceeds. The funds will be used to support investments and cooperation in hydrogen projects both in China and overseas, enhancing the company’s strategic positioning in the growing hydrogen energy market.

The most recent analyst rating on (HK:2582) stock is a Sell with a HK$81.00 price target. To see the full list of analyst forecasts on Jiangsu Guofu Hydrogen Energy Equipment Co., Ltd. Class H stock, see the HK:2582 Stock Forecast page.

More about Jiangsu Guofu Hydrogen Energy Equipment Co., Ltd. Class H

Jiangsu Guofu Hydrogen Energy Equipment Co., Ltd. operates in the hydrogen energy sector, focusing on the development and deployment of hydrogen production plants, hydrogen refueling stations, and hydrogen liquefaction plants. The company is incorporated in the People’s Republic of China and is actively involved in both domestic and international hydrogen projects.

Average Trading Volume: 371,515

Technical Sentiment Signal: Strong Sell

See more data about 2582 stock on TipRanks’ Stock Analysis page.

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