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SPT Energy Group ( (HK:1251) ) has shared an update.
SPT Energy Group Inc. has announced a discloseable transaction involving the acquisition of oilfield operation equipment from Sany Petroleum Intelligent Equipment Co., Ltd. The purchase, valued at RMB19,900,000, was facilitated through a tendering process and will be funded by the company’s internal resources. This acquisition is expected to enhance SPT Energy Group’s operational capabilities and strengthen its market position in the oilfield services industry.
More about SPT Energy Group
SPT Energy Group Inc. is a company incorporated in the Cayman Islands, operating in the oilfield services industry. The company focuses on providing equipment and services for oilfield operations, catering to the needs of the energy sector.
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $23.39M
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