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The latest update is out from Neusoft Education Technology Co. Limited ( (HK:9616) ).
Neusoft Education Technology Co. Limited, through its subsidiary Neutech Group Limited, has announced a significant acquisition of land use rights in the Nanhai District of Foshan City, Guangdong Province, China. The acquisition involves two land parcels, one designated for commercial use and the other for industrial purposes, with the aim of enhancing the company’s operational capabilities and market presence in the region. This move is expected to strengthen Neusoft’s strategic positioning and expand its footprint in the commercial and industrial sectors, potentially benefiting stakeholders by increasing the company’s asset base and future development opportunities.
More about Neusoft Education Technology Co. Limited
YTD Price Performance: 6.10%
Average Trading Volume: 168,398
Technical Sentiment Consensus Rating: Sell
Current Market Cap: HK$1.73B
See more insights into 9616 stock on TipRanks’ Stock Analysis page.
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