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Wise Living Technology Co., Ltd Engages in Connected Transaction for Energy-Saving Motors

Story Highlights
  • Wise Living Technology focuses on energy-efficient products like electromagnetic motors.
  • The company announced a connected transaction totaling RMB13,500,000 for energy-saving motors.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Wise Living Technology Co., Ltd Engages in Connected Transaction for Energy-Saving Motors

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Wise Living Technology Co., Ltd Class H ( (HK:2481) ) has shared an update.

Wise Living Technology Co., Ltd announced a connected transaction involving the purchase of energy-saving electromagnetic switch motors for RMB4,500,000. This transaction, part of a series of agreements within a 12-month period, totals RMB13,500,000 and is subject to certain reporting requirements under the Listing Rules, reflecting the company’s ongoing efforts to enhance its energy-efficient product offerings.

More about Wise Living Technology Co., Ltd Class H

Wise Living Technology Co., Ltd is a company incorporated in the People’s Republic of China, operating in the technology sector with a focus on energy-saving solutions. The company is involved in the production and sale of energy-efficient products, such as electromagnetic switch motors, which are crucial for reducing energy consumption.

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Technical Sentiment Signal: Strong Buy

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