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An announcement from Hong Kong Aerospace Technology Group Limited ( (HK:1725) ) is now available.
USPACE Technology Group Limited, through its subsidiary Gang Hang Ke (Shenzhen) Space Technology Co., Ltd., has entered into a strategic cooperation agreement with Quanzhou Zhongke Xingqiao Aerospace Technology Co., Ltd. to promote the Zhongke Xingqiao Space-Air-Ground Integration Industrial Project. This collaboration aims to advance commercial aerospace, digital economy, and low-altitude economy projects, including the development of a global commercial space-ground link network and a high-resolution remote sensing satellite constellation program. The agreement outlines the establishment of a joint venture in Guangzhou, China, with Gang Hang Ke holding a majority stake, to facilitate these initiatives over a three-year period.
The most recent analyst rating on (HK:1725) stock is a Hold with a HK$1.00 price target. To see the full list of analyst forecasts on Hong Kong Aerospace Technology Group Limited stock, see the HK:1725 Stock Forecast page.
More about Hong Kong Aerospace Technology Group Limited
Average Trading Volume: 8,118,522
Technical Sentiment Signal: Sell
Current Market Cap: HK$495.3M
For a thorough assessment of 1725 stock, go to TipRanks’ Stock Analysis page.