CCIAM Future Energy Ltd. (HK:0145) has released an update.
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CCIAM Future Energy Ltd. has announced its plans to further develop their EV charging business in Hong Kong, leveraging existing cash balances and anticipated business operation funds, with a goal to install 200 EV chargers for 20,000 vehicles daily. Despite recent losses and a declining stock price, the company is optimistic that the planned share placement, expected to yield net proceeds of approximately HK$4.9 million, will strengthen its financial position and support the expansion of its energy-saving solutions and EV charging infrastructure.
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