YCIH Green High-Performance Concrete Co., Ltd. Class H (HK:1847) has released an update.
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YCIH Green High-Performance Concrete Co., Ltd. has fully utilized approximately RMB40.53 million of proceeds from its global offering for working capital and general corporate purposes. Additionally, the company continues to allocate funds to previously determined projects, including technical renovations and green energy upgrades, totaling RMB49.95 million, with a portion still unutilized. Investors may find interest in the strategic deployment of these funds to enhance operational efficiency and innovation.
For further insights into HK:1847 stock, check out TipRanks’ Stock Analysis page.