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YTO International Express and Supply Chain Technology Limited ( (HK:6123) ) has provided an announcement.
YTO International Express and Supply Chain Technology Limited has announced the acquisition of two land parcels in Kazakhstan, valued at approximately USD 6.13 million, as part of its strategy to expand its global logistics network. This acquisition aims to establish a logistics hub in Central Asia, enhancing the company’s service offerings and supporting the Belt and Road Initiative by facilitating high-quality development and connectivity for Chinese enterprises.
More about YTO International Express and Supply Chain Technology Limited
YTO International Express and Supply Chain Technology Limited operates in the logistics and supply chain industry, focusing on providing comprehensive global logistics services. The company is committed to enhancing its cross-border logistics capabilities and infrastructure, aligning with the Belt and Road Initiative to support Chinese enterprises in expanding globally.
Average Trading Volume: 348,843
Technical Sentiment Signal: Hold
Current Market Cap: HK$509.9M
For an in-depth examination of 6123 stock, go to TipRanks’ Overview page.