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An announcement from Jiangsu Guofu Hydrogen Energy Equipment Co., Ltd. Class H ( (HK:2582) ) is now available.
Jiangsu Guofu Hydrogen Energy Equipment Co., Ltd. has entered into a Placing Agreement with Great Bay Securities Limited to issue up to 1,994,800 new H shares at HK$50.13 per share, aiming to raise approximately HK$100 million. The proceeds will primarily be used for working capital, repayment of existing credit facilities, and investments in hydrogen projects, both domestically and internationally, which could bolster the company’s operational growth and strategic positioning in the hydrogen energy market.
The most recent analyst rating on (HK:2582) stock is a Sell with a HK$81.00 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 the People’s Republic of China, operating in the hydrogen energy sector. The company focuses on the development and production of hydrogen energy equipment, aiming to support the growing demand for clean energy solutions.
Average Trading Volume: 515,069
Technical Sentiment Signal: Strong Sell
For detailed information about 2582 stock, go to TipRanks’ Stock Analysis page.