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RS Technologies Revises China Subsidiary Plans to Strengthen VRFB Production

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RS Technologies Revises China Subsidiary Plans to Strengthen VRFB Production

Elevate Your Investing Strategy:

RS Technologies Co. Ltd. ( (JP:3445) ) just unveiled an announcement.

RS Technologies Co., Ltd. announced changes to its plan for establishing a subsidiary in China, including a revised ownership structure and a new location in Shandong Province. This strategic move aims to leverage local subsidies and support measures for VRFB, enhancing the company’s manufacturing capabilities and positioning in the new energy industry.

More about RS Technologies Co. Ltd.

RS Technologies Co., Ltd. operates in the energy sector, focusing on the research, development, production, and sales of Vanadium Redox Flow Battery (VRFB) electrolytes. The company is involved in planning business strategies and providing technical services related to VRFB, with a market focus on the development of new energy materials.

YTD Price Performance: -30.12%

Average Trading Volume: 117,233

Technical Sentiment Signal: Buy

Current Market Cap: Yen63.89B

Find detailed analytics on 3445 stock on TipRanks’ Stock Analysis page.

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