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Jiangsu Guofu Hydrogen Energy Announces H Share Full Circulation Plan

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Jiangsu Guofu Hydrogen Energy Announces H Share Full Circulation Plan

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The latest update is out from Jiangsu Guofu Hydrogen Energy Equipment Co., Ltd. Class H ( (HK:2582) ).

Jiangsu Guofu Hydrogen Energy Equipment Co., Ltd. has announced its intention to implement the full circulation of its H shares, following the guidelines set by the China Securities Regulatory Commission. The company plans to convert approximately 16.90% of its domestic shares into H shares, which will then be eligible for listing and trading on the Hong Kong Stock Exchange. This move is expected to enhance the company’s market presence and liquidity, potentially benefiting shareholders and investors.

The most recent analyst rating on (HK:2582) stock is a Hold with a HK$66.00 price target. To see the full list of analyst forecasts on Jiangsu Guofu Hydrogen Energy Equipment Co., Ltd. Class H stock, see the HK:2582 Stock Forecast page.

More about Jiangsu Guofu Hydrogen Energy Equipment Co., Ltd. Class H

Jiangsu Guofu Hydrogen Energy Equipment Co., Ltd. is a company based in China that specializes in hydrogen energy equipment. It operates within the renewable energy sector, focusing on the development and production of hydrogen energy solutions.

Average Trading Volume: 847,680

Technical Sentiment Signal: Strong Sell

See more data about 2582 stock on TipRanks’ Stock Analysis page.

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