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Jiangsu Lopal Tech Adjusts Financials Post Acquisition of Shandong Meiduo

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Jiangsu Lopal Tech Co. Ltd. Class H ( (HK:2465) ) has provided an announcement.

Jiangsu Lopal Tech Co., Ltd. announced a retrospective adjustment of its financial figures following the consolidation of Shandong Meiduo Technology Company Limited, which became a wholly-owned subsidiary. This move, classified as a business combination under common control, aligns with the company’s strategy to integrate financial results and enhance its market positioning.

More about Jiangsu Lopal Tech Co. Ltd. Class H

Jiangsu Lopal Tech Co., Ltd. is a company incorporated in the People’s Republic of China, operating in the technology sector. It focuses on the acquisition and consolidation of enterprises under common control, with a market focus on expanding its holdings and integrating financial results.

YTD Price Performance: -6.94%

Average Trading Volume: 10,793,456

Technical Sentiment Signal: Strong Buy

Current Market Cap: HK$5.66B

For an in-depth examination of 2465 stock, go to TipRanks’ Stock Analysis page.

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