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Jiangsu Guofu Hydrogen Energy Equipment Co., Ltd. Class H ( (HK:2582) ) has provided an announcement.
Jiangsu Guofu Hydrogen Energy Equipment Co., Ltd. has successfully completed the placement of 1,994,800 new H Shares, raising approximately HK$98.49 million in net proceeds. The funds will be allocated primarily towards working capital, repayment of existing credit facilities, and investments in hydrogen projects both domestically and internationally, enhancing the company’s operational capacity and market positioning.
The most recent analyst rating on (HK:2582) stock is a Hold with a HK$66.00 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. is a joint stock company incorporated in the People’s Republic of China, operating in the hydrogen energy sector. The company focuses on the development and provision of hydrogen energy equipment, contributing to the growing market for sustainable energy solutions.
Average Trading Volume: 847,680
Technical Sentiment Signal: Strong Sell
See more insights into 2582 stock on TipRanks’ Stock Analysis page.