Li Bao Ge Group Ltd. (HK:1869) has released an update.
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Li Bao Ge Group Ltd.’s subsidiary, Jiangsu Kafelaku, signed a major construction contract worth RMB66 million to build a new production base. The project involves comprehensive construction works and is expected to be completed in 120 days. This strategic move is considered a major transaction by stock market rules and requires shareholder approval.
For further insights into HK:1869 stock, check out TipRanks’ Stock Analysis page.