Q Technology (Group) Co ( (HK:1478) ) has shared an update.
Q Technology (Group) Company Limited has completed its participation in the private placement of Newmax Technology, acquiring 20,000,000 shares at TWD22.16 per share, which now represents approximately 41.8% of Newmax’s enlarged share capital. This strategic move is intended to strengthen vertical integration and enhance the company’s position as a provider of intelligent vision system solutions, benefiting the company and its shareholders.
More about Q Technology (Group) Co
Q Technology (Group) Company Limited is a company incorporated in the Cayman Islands, focusing on intelligent vision system solutions. It aims to enhance capabilities in lenses applied to smartphones, AR/VR, IoT, and other fields.
YTD Price Performance: 10.03%
Average Trading Volume: 8,567,466
Technical Sentiment Consensus Rating: Sell
Current Market Cap: HK$8.45B
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