tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Kidztech Holdings Expands in Energy Storage with Strategic Acquisitions and Partnerships

Story Highlights
Kidztech Holdings Expands in Energy Storage with Strategic Acquisitions and Partnerships

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

An update from Kidztech Holdings Ltd. ( (HK:6918) ) is now available.

Kidztech Holdings Ltd. has completed the acquisition of a 60% stake in Inner Mongolia Paiwei Technology Co., Ltd. and a 51% stake in Times Logistics Investment Limited, aiming to tap into high-margin emerging sectors and enhance shareholder value. Additionally, the company has entered into a strategic cooperation with Shandong Enesoon New Materials Technology Co., Ltd. to provide technical support and resources for energy storage equipment production, which includes plans to support domestic concentrated solar power projects in China.

The most recent analyst rating on (HK:6918) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on Kidztech Holdings Ltd. stock, see the HK:6918 Stock Forecast page.

More about Kidztech Holdings Ltd.

Kidztech Holdings Ltd. is a company incorporated in the Cayman Islands, focusing on the research, development, production, and distribution of energy storage materials and systems, particularly molten salt for thermal energy storage. The company is expanding its market presence in emerging sectors with a focus on sustainable development and value creation for shareholders.

Average Trading Volume: 10,608,158

Technical Sentiment Signal: Buy

Current Market Cap: HK$130.4M

See more insights into 6918 stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1