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Lvji Technology Announces HK$151.8 Million Rights Issue for Expansion

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Lvji Technology Announces HK$151.8 Million Rights Issue for Expansion

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Lvji Technology Holdings, Inc. ( (HK:1745) ) has issued an announcement.

Lvji Technology Holdings Inc. has announced a proposed rights issue to raise approximately HK$151.8 million, aiming to enhance its electronic tour guide systems and expand its business internationally. The proceeds will be used for upgrading existing systems, expanding overseas operations, acquiring project companies related to robotics and low-altitude flight, acquiring operational rights for scenic areas, and general working capital, reflecting the company’s strategic focus on technological enhancement and market expansion.

More about Lvji Technology Holdings, Inc.

Lvji Technology Holdings Inc. operates in the technology sector, focusing on electronic tour guide systems. The company is engaged in enhancing tour content, upgrading voice guidance functions, and increasing AI capabilities, with a market focus on expanding its business both within China and internationally.

Average Trading Volume: 2,597,322

Technical Sentiment Signal: Sell

Current Market Cap: HK$455.5M

See more insights into 1745 stock on TipRanks’ Stock Analysis page.

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