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Jiangsu Horizon Boosts Stake in Haike Hongxin to Enhance Smart Retail Offerings

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Jiangsu Horizon Boosts Stake in Haike Hongxin to Enhance Smart Retail Offerings

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Jiangsu Horizon Chain Supermarket Company Limited Class H ( (HK:2625) ) has shared an update.

Jiangsu Horizon Chain Supermarket Company Limited has announced a capital increase in Haike Hongxin Digital Technology (Shenzhen) Co. Ltd., raising its shareholding from approximately 18% to 40.71%. This strategic move, involving an investment of RMB53,208,483.50, aims to accelerate the commercialization of Haike Hongxin’s robotics technologies and strengthen Jiangsu Horizon’s position in the smart retail sector.

More about Jiangsu Horizon Chain Supermarket Company Limited Class H

Jiangsu Horizon Chain Supermarket Company Limited operates in the retail industry, focusing on intelligent and unmanned operations. The company is involved in the development and implementation of smart retail technologies, including robotics for coffee, catering, and unmanned supermarkets.

Average Trading Volume: 1,392,145

Technical Sentiment Signal: Strong Buy

Current Market Cap: HK$1.04B

For detailed information about 2625 stock, go to TipRanks’ Stock Analysis page.

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