Golden Solar New Energy Technology Holdings Limited (HK:1121) has released an update.
Invest with Confidence:
- Follow TipRanks' Top Wall Street Analysts to uncover their success rate and average return.
- Join thousands of data-driven investors – Build your Smart Portfolio for personalized insights.
Golden Solar New Energy Technology Holdings Limited has announced a strategic reallocation of its remaining net proceeds, originally raised during a placing. As of June 30, 2024, the company had utilized approximately RMB376,307,000, with RMB30,984,000 still unutilized. The reallocation is aimed at optimizing resource deployment across various operational needs, including production equipment procurement and general working capital.
For further insights into HK:1121 stock, check out TipRanks’ Stock Analysis page.