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Shenghui Cleanness Group Holdings Limited ( (HK:2521) ) has shared an announcement.
Shenghui Cleanness Group Holdings Limited announced supplemental information regarding its 2024 annual report, highlighting financial activities and the use of proceeds from its global offering. The company utilized approximately HK$19.12 million for acquiring shares of BTI and HK$3.94 million for general working capital, with HK$16.29 million remaining unutilized from the placing proceeds. The company plans to fully utilize its net proceeds by December 2026, focusing on establishing new branch offices, investing in cleaning service providers, and enhancing its technological and marketing capabilities.
The most recent analyst rating on (HK:2521) stock is a Buy with a HK$0.50 price target. To see the full list of analyst forecasts on Shenghui Cleanness Group Holdings Limited stock, see the HK:2521 Stock Forecast page.
More about Shenghui Cleanness Group Holdings Limited
Shenghui Cleanness Group Holdings Limited is a company incorporated in the Cayman Islands, primarily engaged in the cleaning and maintenance services industry. The company focuses on enhancing its service capabilities in the public space cleaning sector and adopting technological advances to upgrade its information technology systems.
Average Trading Volume: 5,639,057
Technical Sentiment Signal: Strong Buy
Current Market Cap: HK$779.9M
For an in-depth examination of 2521 stock, go to TipRanks’ Overview page.