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The latest update is out from CMMB Vision Holdings ( (HK:0471) ).
Silkwave Inc has entered into a Memorandum of Understanding with Kashgar Zhongjia Food Industry Co., Ltd, aiming to enhance strategic investment partnerships. This collaboration supports China’s national initiatives for Xinjiang’s development and aims to establish a next-generation satellite internet media ecosystem, enhancing corporate value and advancing in sectors like AI and IoT. The partnership is expected to drive industry leadership, diversify revenue streams, and support the Belt and Road Initiative’s digital transformation in Asia.
More about CMMB Vision Holdings
Silkwave Inc, incorporated in the Cayman Islands, operates in the satellite internet media information service industry. The company focuses on expanding its market presence in China and Southeast Asia, leveraging platform technology innovation and satellite communications converging with AI.
Average Trading Volume: 249,511
Technical Sentiment Signal: Sell
Current Market Cap: HK$78.16M
See more insights into 0471 stock on TipRanks’ Stock Analysis page.