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The latest announcement is out from UBTECH ROBOTICS CORP LTD Class H ( (HK:9880) ).
UBTECH ROBOTICS CORP LTD has announced several strategic financial arrangements to support its business expansion and operational needs. These include securing bank credit from multiple financial institutions, with a total credit limit not exceeding RMB 1,200 million, and proposed amendments to its Articles of Association related to registered capital and the abolishment of its supervisory committee. These measures are aimed at ensuring the continuity of the company’s operations and enhancing its market positioning.
More about UBTECH ROBOTICS CORP LTD Class H
UBTECH ROBOTICS CORP LTD is a joint stock company incorporated in the People’s Republic of China, focusing on robotics and related technologies. The company operates within the technology industry, providing innovative robotics solutions and services to support various sectors.
Average Trading Volume: 12,887,416
Technical Sentiment Signal: Buy
Current Market Cap: HK$42.41B
For a thorough assessment of 9880 stock, go to TipRanks’ Stock Analysis page.