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Jiangsu Guofu Hydrogen Energy to Raise HK$90.99 Million for Hydrogen Projects

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Jiangsu Guofu Hydrogen Energy to Raise HK$90.99 Million for Hydrogen Projects

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Jiangsu Guofu Hydrogen Energy Equipment Co., Ltd. Class H ( (HK:2582) ) has shared an announcement.

Jiangsu Guofu Hydrogen Energy Equipment Co., Ltd. has entered into a Placing Agreement to issue up to 1,730,000 new H shares at a price of HK$54.03 per share, aiming to raise approximately HK$90.99 million in net proceeds. The funds are intended to support the company’s investments in hydrogen projects in China and abroad, enhancing its operational capabilities and market positioning in the hydrogen energy industry.

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 incorporated in the People’s Republic of China, focusing on the hydrogen energy sector. It specializes in the production and development of hydrogen-related equipment and infrastructure, such as hydrogen production plants, refueling stations, and liquefaction plants, aiming to expand its market presence both domestically and internationally.

Average Trading Volume: 343,674

Technical Sentiment Signal: Strong Sell

For detailed information about 2582 stock, go to TipRanks’ Stock Analysis page.

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