Triumph New Energy Company ( (HK:1108) ) has issued an update.
Triumph New Energy Company Limited has announced the convening of its 2025 first extraordinary general meeting to approve a capital increase agreement. This agreement involves the acquisition of a 74.60% equity interest in Jiangsu Triumph New Material Co., Ltd., which is expected to enhance the company’s market position and operational capabilities.
More about Triumph New Energy Company
Triumph New Energy Company Limited, formerly known as Luoyang Glass Company Limited, is a joint stock limited company incorporated in the People’s Republic of China. The company operates in the energy sector and focuses on new energy solutions.
YTD Price Performance: -4.26%
Technical Sentiment Signal: Strong Buy
Current Market Cap: €598.5M
Learn more about 1108 stock on TipRanks’ Stock Analysis page.