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Enterprise Development Holdings Enters Strategic Partnership for Capital Injection

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Enterprise Development Holdings Enters Strategic Partnership for Capital Injection

Confident Investing Starts Here:

Enterprise Development Holdings Limited ( (HK:1808) ) has issued an update.

Enterprise Development Holdings Limited, through its subsidiary Beijing Enterprise Edge Computing, has entered into a partnership agreement with two other entities for a capital injection into Qitong Fuyuan. The agreement involves a total capital contribution of RMB120 million, with Beijing Enterprise Edge Computing contributing RMB50 million, making it the managing partner with a 41.67% interest. This transaction is classified as a discloseable transaction under Hong Kong’s Listing Rules, requiring specific reporting and announcement obligations.

More about Enterprise Development Holdings Limited

Average Trading Volume: 27,668

Technical Sentiment Signal: Buy

Current Market Cap: HK$906.1M

For detailed information about 1808 stock, go to TipRanks’ Stock Analysis page.

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