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Jiangsu Horizon Chain Supermarket Company Limited Class H ( (HK:2625) ) has provided an announcement.
Jiangsu Horizon Chain Supermarket Company Limited announced a capital injection into Haike Hongxin to support its transformation towards intelligent retail operations. The investment aims to enhance the company’s competitiveness by integrating advanced technologies, such as artificial intelligence, into its retail business. The proceeds will be used for research and development, production, and marketing of robotic solutions, with the goal of achieving a controlling interest in Haike Hongxin. This strategic move is expected to improve the company’s brand image, attract a younger customer base, and create new revenue streams.
More about Jiangsu Horizon Chain Supermarket Company Limited Class H
Jiangsu Horizon Chain Supermarket Company Limited operates within the retail industry, focusing on transforming its operations with advanced technologies. The company is investing in intelligent and automated retail solutions, including the development of coffee robots, catering robots, and unmanned supermarket robots.
Average Trading Volume: 1,192,772
Technical Sentiment Signal: Strong Buy
Current Market Cap: HK$1.16B
For detailed information about 2625 stock, go to TipRanks’ Stock Analysis page.