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Shanghai REFIRE Group Ltd. Class H ( (HK:2570) ) has issued an announcement.
Shanghai REFIRE Group Ltd. has announced a proposed issuance of 1,971,830 Domestic Shares under a Specific Mandate to raise additional funds and enhance its competitiveness. The issuance, subject to shareholder and regulatory approvals, involves subscription agreements with Qiyuan Fund and CNSH Zerun, and aims to support the company’s operational activities and business development.
More about Shanghai REFIRE Group Ltd. Class H
Shanghai REFIRE Group Ltd. operates in the energy sector, focusing on the development and production of hydrogen fuel cell systems. The company is committed to enhancing its competitiveness and supporting stable business growth through strategic financial initiatives.
Average Trading Volume: 99,708
Current Market Cap: HK$18.52B
Find detailed analytics on 2570 stock on TipRanks’ Stock Analysis page.