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An announcement from Zixin Group ( (SG:42W) ) is now available.
Zixin Group Holdings Limited has established a new wholly-owned subsidiary, Hainan Zixin Sweet Potato Industry Technology Co., Ltd., in Hainan, China, with paid-up share capital of SGD 3 million. This move aims to capitalize on Hainan Free Trade Port’s zero-tariff initiatives and tax incentives to foster sustainable growth and efficient export operations to Mainland China, aligning with the Group’s strategic circular economy model.
The most recent analyst rating on (SG:42W) stock is a Buy with a S$0.06 price target. To see the full list of analyst forecasts on Zixin Group stock, see the SG:42W Stock Forecast page.
More about Zixin Group
Zixin Group Holdings Limited operates within the food processing and production industry, alongside food sales, urban distribution, and delivery services. The company also engages in tourism, accommodation, and catering services, positioning itself in areas with significant trade and market potential, particularly focusing on sustainable business models and leveraging economic incentives.
Average Trading Volume: 21,403,190
Technical Sentiment Signal: Buy
Current Market Cap: S$67.59M
For an in-depth examination of 42W stock, go to TipRanks’ Overview page.