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Xunfei Healthcare Revises Annual Caps Amid Growing Demand

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Xunfei Healthcare Revises Annual Caps Amid Growing Demand

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The latest announcement is out from Xunfei Healthcare Technology Co., Ltd. ( (HK:2506) ).

Xunfei Healthcare Technology Co., Ltd. has announced revisions to its annual caps for existing continuing connected transactions with iFLYTEK, due to an increase in the number of iFLYTEK’s offline stores qualified to sell medical devices. The revised caps reflect a significant rise in transaction volume, indicating a growing demand and expanding market presence for Xunfei Healthcare’s products.

The most recent analyst rating on (HK:2506) stock is a Buy with a HK$166.69 price target. To see the full list of analyst forecasts on Xunfei Healthcare Technology Co., Ltd. stock, see the HK:2506 Stock Forecast page.

More about Xunfei Healthcare Technology Co., Ltd.

Xunfei Healthcare Technology Co., Ltd. operates in the healthcare technology industry, focusing on providing medical device products. The company collaborates with iFLYTEK to supply these products for resale and internal use, leveraging a framework agreement to manage these transactions.

Average Trading Volume: 239,095

Technical Sentiment Signal: Hold

For an in-depth examination of 2506 stock, go to TipRanks’ Overview page.

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