CSMall Group Limited ( (HK:1815) ) just unveiled an announcement.
CSMall Group Limited has proposed to change its name to Mount Everest Gold Group Company Limited, subject to shareholder and regulatory approvals. This change reflects the company’s strategic focus on its jewelry retail segment and its exploration activities in Tibet, where significant gold reserves have been identified, potentially enhancing its market positioning and operations.
More about CSMall Group Limited
CSMall Group Limited is a leading integrated online and offline internet-based jewelry retailer in the People’s Republic of China, focusing on the design and sales of gold, silver, colored gemstones, and gem-set jewelry products. The new jewelry retail segment contributes over 97% of the Group’s revenue.
YTD Price Performance: 127.78%
Average Trading Volume: 3,416,982
Technical Sentiment Consensus Rating: Sell
Current Market Cap: HK$359M
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