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Jiangxi Rimag Group Co., Ltd. Class H ( (HK:2522) ) has issued an announcement.
Jiangxi Rimag Group Co., Ltd. announced that its Chairman, Executive Director, and CEO, Mr. Chen Zhaoyang, has increased his shareholding in the company by purchasing 59,500 H shares in the open market. This move, reflecting confidence in the company’s growth potential, aims to promote its stable development and protect public investors’ interests. Following this transaction, Mr. Chen now holds approximately 14.48% of the company’s total issued shares. The company assures that it maintains a sufficient public float of its issued shares.
The most recent analyst rating on (HK:2522) stock is a Sell with a HK$14.00 price target. To see the full list of analyst forecasts on Jiangxi Rimag Group Co., Ltd. Class H stock, see the HK:2522 Stock Forecast page.
More about Jiangxi Rimag Group Co., Ltd. Class H
Jiangxi Rimag Group Co., Ltd. is a joint stock company incorporated in the People’s Republic of China, operating in the industry with a focus on promoting continuous, stable, and healthy development. The company is committed to safeguarding the interests of public investors.
Average Trading Volume: 9,521,282
Technical Sentiment Signal: Sell
Current Market Cap: HK$4.22B
For detailed information about 2522 stock, go to TipRanks’ Stock Analysis page.