China International Development Corporation Limited (HK:0264) has released an update.
China International Development Corporation Limited (CIDCL) has voluntarily announced a memorandum of cooperation (MOC) with Changzhou Qianmu New Energy Company Limited to jointly explore scientific research and commercial applications of supramolecular technology. The partnership aims to establish a research team, share resources, and potentially lead to CIDCL investing in equity interests to deepen their strategic cooperation. The MOC, which is not legally binding except for certain terms, sets an expiration date for formalizing the agreement.
For further insights into HK:0264 stock, check out TipRanks’ Stock Analysis page.
