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Shoucheng Holdings Ltd. ( (HK:0697) ) just unveiled an update.
Shoucheng Holdings Ltd. has announced the establishment of Shoucheng Robotics Advanced Materials Industrial Co., Ltd., a strategic move to strengthen its position in the robotics industry. This new company will focus on investing in and developing critical upstream materials, such as electronic skin and lightweight materials, to enhance the robotics value chain and improve the performance and competitiveness of its robotics projects, ultimately creating long-term value for shareholders.
The most recent analyst rating on (HK:0697) stock is a Hold with a HK$2.00 price target. To see the full list of analyst forecasts on Shoucheng Holdings Ltd. stock, see the HK:0697 Stock Forecast page.
More about Shoucheng Holdings Ltd.
Shoucheng Holdings Ltd. operates in the robotics industry, focusing on creating a comprehensive robotics ecosystem. It aims to be a leading integrated industry-finance service provider, with a focus on humanoid robots.
YTD Price Performance: 81.56%
Average Trading Volume: 68,714,146
Technical Sentiment Signal: Buy
Current Market Cap: HK$14.64B
For detailed information about 0697 stock, go to TipRanks’ Stock Analysis page.