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An update from Shanghai REFIRE Group Ltd. Class H ( (HK:2570) ) is now available.
Shanghai REFIRE Group Ltd. announced the completion of its issuance of domestic shares under a specific mandate, resulting in the issuance of 1,971,830 fully paid domestic shares. This issuance increases the company’s total shares to 88,697,641, enhancing its capital structure and potentially strengthening its market position in the clean energy sector. The completion of this share issuance reflects the company’s strategic efforts to bolster its financial resources and expand its influence in the hydrogen fuel cell industry.
The most recent analyst rating on (HK:2570) stock is a Hold with a HK$139.00 price target. To see the full list of analyst forecasts on Shanghai REFIRE Group Ltd. Class H stock, see the HK:2570 Stock Forecast page.
More about Shanghai REFIRE Group Ltd. Class H
Shanghai REFIRE Group Ltd. is a joint stock company incorporated in China, operating within the energy sector. The company is primarily focused on the development and production of hydrogen fuel cell systems, catering to the growing demand for clean energy solutions in the transportation and industrial sectors.
Average Trading Volume: 447,270
Technical Sentiment Signal: Strong Sell
Current Market Cap: HK$13.28B
For a thorough assessment of 2570 stock, go to TipRanks’ Stock Analysis page.