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Shanghai Conant Optical Finalizes Major Share Acquisition by Goertek

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Shanghai Conant Optical Finalizes Major Share Acquisition by Goertek

The latest announcement is out from Shanghai Conant Optical Co. Ltd. Class H ( (HK:2276) ).

Shanghai Conant Optical Co., Ltd. announced the completion of a significant share acquisition by Goertek (HongKong) Co., Limited. This acquisition, completed on January 16, 2025, has altered the company’s shareholding structure, increasing Goertek’s stake to 20.03% from 11.11%, which may impact the company’s strategic direction and stakeholder interests.

More about Shanghai Conant Optical Co. Ltd. Class H

Shanghai Conant Optical Co., Ltd. is a joint stock company incorporated in the People’s Republic of China, operating within the optical industry. It is involved in the production and distribution of optical products, with a focus on expanding its market presence.

YTD Price Performance: -3.21%

Average Trading Volume: 1,759,885

Technical Sentiment Consensus Rating: Hold

Current Market Cap: HK$12.36B

Learn more about 2276 stock on TipRanks’ Stock Analysis page.

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Questions or Comments about the article? Write to editor@tipranks.com
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