Triumph New Energy Company ( (HK:1108) ) has shared an update.
Triumph New Energy Company Limited announced the results of its 2025 first extraordinary general meeting held on April 25, 2025, where a resolution regarding a capital increase agreement was passed. This agreement involves the acquisition of a 74.60% equity interest in Jiangsu Triumph, marking a significant expansion in the company’s operations. The resolution was approved with 99.58% of the votes in favor, indicating strong shareholder support for the transaction, which is expected to enhance the company’s market positioning and growth potential.
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, focusing on new energy solutions and technological advancements.
YTD Price Performance: -13.19%
Technical Sentiment Signal: Buy
Current Market Cap: €554.1M
See more data about 1108 stock on TipRanks’ Stock Analysis page.