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Yues International Expands Chinese Medicine Focus with Reallocated Funds

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Yues International Expands Chinese Medicine Focus with Reallocated Funds

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Yues International Holdings Group Limited ( (HK:1529) ) just unveiled an update.

Yues International Holdings Group Limited has announced supplemental information regarding its 2024 Annual Report, focusing on its share option schemes. The New Share Option Scheme includes directors, employees, and service providers as eligible participants, aiming to support the company’s long-term growth. Additionally, the company is reallocating approximately HK$20 million of unutilized net proceeds to enhance its Chinese medicine business, with plans to fully utilize these funds by the end of 2026. This strategic move is expected to bolster the company’s operations and market positioning.

More about Yues International Holdings Group Limited

Yues International Holdings Group Limited is a company incorporated in the Cayman Islands, operating with a focus on various business sectors. The company is involved in the development of the Chinese medicine business and engages with a range of participants including directors, employees, and service providers for its growth initiatives.

Average Trading Volume: 891,952

Technical Sentiment Signal: Hold

Current Market Cap: HK$253.5M

Learn more about 1529 stock on TipRanks’ Stock Analysis page.

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