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The latest announcement is out from Minieye Technology Co., Ltd. Class H ( (HK:2431) ).
Minieye Technology Co., Ltd announced a placement of new H shares under a general mandate, aiming to raise approximately HK$204.43 million in net proceeds. The funds will be used for business development in L4 unmanned logistics vehicles and R&D platform upgrades, enhancing the company’s technological capabilities and market position.
More about Minieye Technology Co., Ltd. Class H
Minieye Technology Co., Ltd is a joint stock company incorporated in the People’s Republic of China. The company operates in the technology sector, focusing on the development of unmanned logistics vehicles and foundational R&D platform upgrades.
Average Trading Volume: 1,853,712
Technical Sentiment Signal: Strong Sell
Current Market Cap: HK$6.48B
See more insights into 2431 stock on TipRanks’ Stock Analysis page.