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Jiu Rong Holdings Limited ( (HK:2358) ) has issued an update.
Jiu Rong Holdings Limited announced a substantial disposal involving the sale of its charging stations for approximately RMB 185.3 million. Despite the sale, the company will continue to manage these stations under a joint operation agreement for three years, receiving an electricity service fee. This move aligns with the company’s strategic focus on its core business operations while complying with Hong Kong’s listing rules.
More about Jiu Rong Holdings Limited
Jiu Rong Holdings Limited is a company incorporated in the Cayman Islands, primarily involved in providing operation and management services for charging stations.
Average Trading Volume: 13,427,868
Technical Sentiment Signal: Sell
Current Market Cap: HK$60.19M
See more insights into 2358 stock on TipRanks’ Stock Analysis page.