Buyang International Holding Inc (HK:2457) has released an update.
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Buyang International Holding Inc has announced a strategic shift in the allocation of its remaining net proceeds from its Hong Kong listing, amounting to approximately HK$46.8 million. The company plans to redirect funds towards expanding production capacity, investing in mold development, and boosting general working capital, aiming for full utilization by September 2026. This reallocation reflects Buyang’s adaptive approach to evolving market conditions.
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