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Ju Teng Clarifies Data Breach Source at Immaterial Subsidiary

Story Highlights
  • Ju Teng says data in the breach came from subsidiary Hong Ya Technology, which is immaterial to group results.
  • The company states the compromised data is not undisclosed inside information and is working with experts to contain the incident.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Ju Teng Clarifies Data Breach Source at Immaterial Subsidiary

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An update from Ju Teng International Holdings Limited ( (HK:3336) ) is now available.

Ju Teng International Holdings Limited has issued a supplemental announcement regarding a data security incident, clarifying that the compromised data appears to have been taken from Hong Ya Technology Corp., a non-wholly owned and immaterial subsidiary whose revenue and assets each accounted for about 2.3% of the Group’s totals in 2024. The company stated that, based on its ongoing investigation and a preview of the data posted on the dark web, the affected information does not constitute undisclosed inside information of the Group, and it is working with a cybersecurity consultant and has initiated containment protocols, pledging to provide further updates as appropriate.

The most recent analyst rating on (HK:3336) stock is a Hold with a HK$2.00 price target. To see the full list of analyst forecasts on Ju Teng International Holdings Limited stock, see the HK:3336 Stock Forecast page.

More about Ju Teng International Holdings Limited

Ju Teng International Holdings Limited is a Hong Kong-listed company incorporated in the Cayman Islands, operating through various subsidiaries including Hong Ya Technology Corp., which is considered an immaterial subsidiary based on its relatively small contribution to the Group’s audited revenue and total assets for the year ended 31 December 2024.

Average Trading Volume: 1,324,712

Technical Sentiment Signal: Buy

Current Market Cap: HK$1.78B

Learn more about 3336 stock on TipRanks’ Stock Analysis page.

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