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Maike Tube Industry Holdings Finalizes Subsidiary Disposal

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Maike Tube Industry Holdings Finalizes Subsidiary Disposal

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Maike Tube Industry Holdings Limited ( (HK:1553) ) just unveiled an update.

Maike Tube Industry Holdings Limited has completed the disposal of its subsidiary, Maike Smart, as per the Equity Transfer Agreement. This transaction, finalized on March 28, 2025, means Maike Smart’s financial results will no longer be part of the Group’s consolidated financial statements, indicating a strategic shift in the company’s operations.

More about Maike Tube Industry Holdings Limited

Maike Tube Industry Holdings Limited is a company incorporated in the Cayman Islands, primarily involved in the tube industry. The company focuses on manufacturing and distributing various tube products, catering to a diverse market.

YTD Price Performance: -7.59%

Average Trading Volume: 88,363

Technical Sentiment Signal: Sell

Current Market Cap: HK$581.3M

For detailed information about 1553 stock, go to TipRanks’ Stock Analysis page.

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