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Sunny Optical Technology (Group) Co ( (HK:2382) ) has shared an announcement.
Sunny Optical Technology has entered into a Share Swap & Merger Agreement with Goertek Optical, involving the transfer of its subsidiary’s entire equity interests in exchange for equity in Goertek Optical. This strategic move will result in Sunny Optical holding a significant stake in Goertek Optical, enhancing its market positioning and influence in the optical technology sector. The reorganization and capital injection are expected to strengthen the company’s operational capacity and shareholder value.
The most recent analyst rating on (HK:2382) stock is a Buy with a HK$110.00 price target. To see the full list of analyst forecasts on Sunny Optical Technology (Group) Co stock, see the HK:2382 Stock Forecast page.
More about Sunny Optical Technology (Group) Co
Sunny Optical Technology (Group) Co., Ltd. is a company incorporated in the Cayman Islands, primarily engaged in the optical industry. The company focuses on the development and manufacturing of optical and optical-related products, including lenses and optical instruments, serving various market segments.
Average Trading Volume: 10,364,843
Technical Sentiment Signal: Buy
Current Market Cap: HK$97.93B
Learn more about 2382 stock on TipRanks’ Stock Analysis page.