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Shandong Hi-Speed New Energy Group Limited ( (HK:1250) ) just unveiled an announcement.
Shandong Hi-Speed New Energy Group Limited has announced that its public float remains below the required 25% threshold, currently at 21.31%. The company has applied for an extension of a waiver from the Stock Exchange to comply with the minimum public float requirement, as they work to increase the public shareholding by engaging a securities firm to place additional shares.
More about Shandong Hi-Speed New Energy Group Limited
Shandong Hi-Speed New Energy Group Limited operates in the energy sector, focusing on the development and management of new energy resources. The company is primarily involved in providing sustainable energy solutions and is positioned within the market to address growing demands for renewable energy sources.
Average Trading Volume: 160,485
Technical Sentiment Signal: Strong Sell
Current Market Cap: HK$3.53B
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