Wasion Holdings Expands Operations in Southeast Asia with New Facilities

Wasion Holdings Limited ( (HK:3393) ) has issued an announcement.

Wasion Holdings Limited has commenced operations at two new facilities in Indonesia and Malaysia, marking a significant expansion in Southeast Asia. The Indonesian facility, PT Willfar, will focus on digital grid and smart city solutions, enhancing the local industrial ecosystem through technology transfer and talent development. Meanwhile, the Malaysian facility, Weyoung Technology, aims to drive Malaysia’s digital transformation through strategic collaborations, particularly in the data center sector, and is committed to building a green digital ecosystem. These expansions underscore Wasion’s strategic focus on accelerating overseas market growth and highlight the international recognition of its products and services.

More about Wasion Holdings Limited

Wasion Holdings Limited operates in the technology and energy sectors, focusing on digital grid and smart city solutions. The company is involved in the production of power AMI products, smart distribution equipment, smart water meters, and communication modules, with a strategic focus on international market expansion.

YTD Price Performance: 7.85%

Average Trading Volume: 2,896,652

Technical Sentiment Signal: Sell

Current Market Cap: HK$7.57B

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