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Jiangsu Lopal Tech Co. Ltd. Class H ( (HK:2465) ) just unveiled an announcement.
Jiangsu Lopal Tech Co. Ltd. has announced a proposed issuance of A Shares to a specific target to consolidate its capital foundation and improve operational quality and efficiency. The proceeds from this issuance will be used for the construction of a high-performance phosphate iron-based positive electrode material project and general working capital, pending approval from shareholders and regulatory authorities.
More about Jiangsu Lopal Tech Co. Ltd. Class H
Jiangsu Lopal Tech Co. Ltd. is a joint stock company incorporated in the People’s Republic of China, operating in the technology sector. The company focuses on the development of high-performance phosphate iron-based positive electrode materials and aims to enhance its competitiveness and profitability in the real economy.
Average Trading Volume: 23,191,275
Technical Sentiment Signal: Strong Buy
Current Market Cap: HK$9.29B
See more insights into 2465 stock on TipRanks’ Stock Analysis page.