TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
UJU HOLDING LIMITED ( (HK:1948) ) has issued an update.
UJU HOLDING LIMITED announced that its subsidiary, Hainan Uju Technology Co., Ltd., has entered into a cooperation agreement with Hainan Kuaishou Kuailian Information Technology Co., Ltd., an online media platform supplier. The company plans to provide a guarantee for Hainan Uju’s payment obligations under this agreement, ensuring financial backing in case of payment defaults. This move is exempt from certain regulatory requirements due to the subsidiary’s ownership structure, and it signifies UJU’s strategic positioning in strengthening its operational partnerships.
More about UJU HOLDING LIMITED
UJU HOLDING LIMITED is a company incorporated in the Cayman Islands with limited liability, operating in the technology sector. It focuses on providing services through its wholly-owned subsidiary, Hainan Uju Technology Co., Ltd., which collaborates with online media platform suppliers.
Average Trading Volume: 436,861
Technical Sentiment Signal: Buy
Current Market Cap: HK$1.76B
See more insights into 1948 stock on TipRanks’ Stock Analysis page.