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Sunny Optical Enters MOU with Goertek for Strategic Equity Subscription

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Sunny Optical Enters MOU with Goertek for Strategic Equity Subscription

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Sunny Optical Technology (Group) Co ( (HK:2382) ) has shared an announcement.

Sunny Optical Technology has entered into a Memorandum of Understanding (MOU) with Goertek and Goertek Optical, aiming to negotiate a definitive agreement for a subscription deal. This agreement involves Ningbo OmniLight making a capital contribution to acquire a 33.33% equity interest in Goertek Optical, contingent upon due diligence and necessary approvals, potentially impacting the company’s market positioning and stakeholder interests.

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. is a company incorporated in the Cayman Islands, operating in the optical technology industry. It focuses on developing and manufacturing optical and optical-related products, including lenses and imaging systems.

Average Trading Volume: 11,263,195

Technical Sentiment Signal: Buy

Current Market Cap: HK$81.87B

For a thorough assessment of 2382 stock, go to TipRanks’ Stock Analysis page.

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