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JL MAG Rare-Earth Co., Ltd. Class H ( (HK:6680) ) has shared an announcement.
JL MAG Rare-Earth Co., Ltd. announced that its controlling shareholder, Ganzhou Geshuo Investment Management Center, has pledged and subsequently released certain shares of the company. This move involves a significant portion of shares, impacting the company’s shareholding structure. The pledged shares were used for daily operations, indicating strategic financial management by the controlling shareholders. Such actions could influence the company’s financial flexibility and market perception, potentially affecting stakeholders’ interests.
More about JL MAG Rare-Earth Co., Ltd. Class H
JL MAG Rare-Earth Co., Ltd. is a company based in the People’s Republic of China, primarily involved in the rare-earth industry. The company focuses on the production and management of rare-earth materials, which are critical components in various high-tech applications.
YTD Price Performance: 55.70%
Average Trading Volume: 13,956,500
Technical Sentiment Signal: Sell
Current Market Cap: HK$26.06B
See more data about 6680 stock on TipRanks’ Stock Analysis page.