Tsaker New Energy Tech Co., Limited (HK:1986) has released an update.
Don't Miss Our Christmas Offers:
- Discover the latest stocks recommended by top Wall Street analysts, all in one place with Analyst Top Stocks
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Tsaker New Energy Tech Co., Limited has successfully completed the sale of a 3.76% equity interest in its subsidiary, Tsaker Technology, for approximately RMB39.98 million. Following the transaction, Tsaker Technology remains a non-wholly owned subsidiary, with Tsaker New Energy maintaining a 67.99% stake. This move allows Tsaker New Energy to adjust its portfolio without affecting its overall control over Tsaker Technology.
For further insights into HK:1986 stock, check out TipRanks’ Stock Analysis page.