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Ju Teng International Announces New Land Resumption Agreement

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An update from Ju Teng International Holdings Limited ( (HK:3336) ) is now available.

Ju Teng International Holdings Limited has announced the termination of the Dachang Resumption Agreement II and the initiation of a new agreement with the local authority. This new agreement involves the surrender of the Dachang II Land and Properties for approximately RMB356.3 million. The termination and new agreement are strategic moves to comply with local regulations and optimize the company’s land and property management operations, potentially impacting its financial standing and stakeholder interests.

More about Ju Teng International Holdings Limited

Ju Teng International Holdings Limited is a company incorporated in the Cayman Islands, primarily engaged in the manufacturing industry. The company focuses on the production and distribution of electronic components and related products, with a market focus on land and property management within the Wujiang District in the People’s Republic of China.

YTD Price Performance: 61.11%

Average Trading Volume: 1,740,271

Technical Sentiment Signal: Buy

Current Market Cap: HK$1.23B

See more data about 3336 stock on TipRanks’ Stock Analysis page.

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