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Tiangong International Co. Ltd. ( (HK:0826) ) just unveiled an announcement.
Tiangong International Co. Ltd. has announced an equity investment through its subsidiary, Jiangsu Tiangong Investment Management Co., Ltd, in Shanghai Gaize Laser Technology Company Limited. This investment involves the subscription of new shares, representing 5.56% of Shanghai Gaize’s enlarged registered capital, for RMB3,000,000. Shanghai Gaize specializes in intelligent laser solutions, including laser cladding and additive manufacturing, which aligns with Tiangong’s strategic interests in expanding its technological capabilities and market presence in advanced manufacturing sectors.
The most recent analyst rating on (HK:0826) stock is a Hold with a HK$3.00 price target. To see the full list of analyst forecasts on Tiangong International Co. Ltd. stock, see the HK:0826 Stock Forecast page.
More about Tiangong International Co. Ltd.
Tiangong International Co. Ltd. operates in the investment management sector, providing consulting services in business, financial, and economic information. The company is involved in equity investments and related activities.
Average Trading Volume: 42,632,081
Technical Sentiment Signal: Strong Buy
Current Market Cap: HK$6.79B
For a thorough assessment of 0826 stock, go to TipRanks’ Stock Analysis page.