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Congyu Intelligent Agricultural Completes Share Placement to Fund Growth Initiatives

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Congyu Intelligent Agricultural Completes Share Placement to Fund Growth Initiatives

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The latest announcement is out from China Finance Investment Holdings Limited ( (HK:0875) ).

Congyu Intelligent Agricultural Holdings Limited has successfully completed the placement of 91,021,689 new shares, raising approximately HK$25.9 million. The proceeds will be used for loan repayment, development of an agricultural e-commerce platform, and general working capital. This strategic move strengthens the company’s financial position and supports its growth initiatives in the agricultural sector.

More about China Finance Investment Holdings Limited

Congyu Intelligent Agricultural Holdings Limited operates in the agricultural sector, focusing on the development of agricultural vertical e-commerce platforms and low-altitude economy solutions. The company is involved in the procurement and sale of agricultural products, meat, poultry, seafood, and prepared food.

Average Trading Volume: 6,088,980

Technical Sentiment Signal: Sell

Current Market Cap: HK$277.6M

Find detailed analytics on 0875 stock on TipRanks’ Stock Analysis page.

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