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ZG Group Class A ( (HK:6676) ) has provided an update.
ZG Group has entered into a joint venture with Lykos Holding Hong Kong Limited, a subsidiary of Trafigura, to establish an industrial internet platform for the non-ferrous metals industry. This collaboration aims to enhance the Group’s expansion in the non-steel sector by developing a comprehensive e-commerce platform that utilizes big data and AI technologies. The partnership is expected to improve procurement efficiency, strengthen financial risk control, and expand the Group’s market reach by integrating its infrastructure and services into the Lykos platform.
More about ZG Group Class A
ZG Group, operating as ZGW in Hong Kong, is a company incorporated in the Cayman Islands with limited liability. It is involved in the industrial internet sector, focusing on the non-ferrous metals industry. The company has expanded its operations beyond the steel sector, leveraging digital technologies and AI to enhance its trading processes and services.
Average Trading Volume: 885,668
Find detailed analytics on 6676 stock on TipRanks’ Stock Analysis page.