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Lygend Resources & Technology Co., Ltd. Class H ( (HK:2245) ) has provided an update.
Lygend Resources & Technology Co., Ltd. has announced its proposed initial public offering (IPO) and listing of A shares on the main board of the Shenzhen Stock Exchange. The company has confirmed that its related-party transactions for the years 2022, 2023, 2024, and the first half of 2025 comply with relevant PRC laws and regulations. These transactions were conducted on an arm’s length basis and are deemed valid civil juristic acts. The IPO is subject to regulatory approvals, and there is no assurance of its successful completion. Shareholders and investors are advised to exercise caution, as further updates will be provided in accordance with applicable laws.
The most recent analyst rating on (HK:2245) stock is a Hold with a HK$20.50 price target. To see the full list of analyst forecasts on Lygend Resources & Technology Co., Ltd. Class H stock, see the HK:2245 Stock Forecast page.
More about Lygend Resources & Technology Co., Ltd. Class H
Lygend Resources & Technology Co., Ltd. is a joint stock company incorporated in the People’s Republic of China, operating within the resources and technology sector. The company is primarily focused on resource management and technological advancements, with a market focus on leveraging its capabilities within the Chinese market.
Average Trading Volume: 9,173,170
Technical Sentiment Signal: Buy
Current Market Cap: HK$28.49B
For an in-depth examination of 2245 stock, go to TipRanks’ Overview page.