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Wasion Holdings Limited ( (HK:3393) ) has shared an announcement.
Wasion Holdings Limited, through its subsidiary Wayon Energy, has entered into a Master Agreement with Renox to supply various energy storage system products. This agreement, which involves connected transactions due to shared ownership interests, is structured to follow market-based pricing strategies and is set to last until the end of 2027. The transaction is significant for Wasion Holdings as it strengthens its market presence and operational scope in the energy storage sector, potentially enhancing its competitive positioning.
The most recent analyst rating on (HK:3393) stock is a Buy with a HK$14.50 price target. To see the full list of analyst forecasts on Wasion Holdings Limited stock, see the HK:3393 Stock Forecast page.
More about Wasion Holdings Limited
Wasion Holdings Limited operates in the energy sector, primarily focusing on the development and supply of energy storage systems. The company targets markets that require advanced energy solutions, leveraging its expertise in manufacturing and technology.
Average Trading Volume: 2,679,355
Technical Sentiment Signal: Buy
Current Market Cap: HK$14.85B
Learn more about 3393 stock on TipRanks’ Stock Analysis page.