JL MAG Rare-Earth Co., Ltd. Class H (HK:6680) has released an update.
Don’t Miss TipRanks’ Half-Year Sale
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
JL MAG Rare-Earth Co., Ltd. has announced that its controlling shareholders have pledged a portion of their shares, with Ruide Venture pledging 6.46% and Ganzhou Geshuo pledging 24.44% of their holdings. This move, involving a total of 2,710,300 shares, is not expected to alter the company’s control structure or affect its operations. The pledged shares are intended for equity investment and daily operations.
For further insights into HK:6680 stock, check out TipRanks’ Stock Analysis page.