China High Speed Transmission Equipment Group Co ( (HK:0658) ) has provided an announcement.
China High Speed Transmission Equipment Group Co., Ltd. has initiated an independent investigation into certain agreements and relevant amounts, engaging FTI Consulting (Hong Kong) Limited to expedite the process. As the investigation progresses, the company is implementing measures to improve internal controls and compliance, streamlining operations to better protect its interests and ensure regulatory adherence.
More about China High Speed Transmission Equipment Group Co
China High Speed Transmission Equipment Group Co., Ltd. operates in the transmission equipment industry, focusing on manufacturing high-speed transmission gears and related products. The company primarily serves sectors that require advanced transmission solutions, enhancing efficiency and performance.
YTD Price Performance: 4.55%
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: $184.8M
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