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UJU HOLDING LIMITED Secures Cooperation with Baidu Through Payment Guarantee

Story Highlights
  • UJU HOLDING LIMITED’s subsidiaries partner with Baidu for online media services.
  • The company provides a financial guarantee to support its subsidiaries’ commitments to Baidu.
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UJU HOLDING LIMITED Secures Cooperation with Baidu Through Payment Guarantee

UJU HOLDING LIMITED ( (HK:1948) ) has shared an announcement.

UJU HOLDING LIMITED has announced a cooperation agreement between its subsidiaries and Baidu (China) Co., Ltd., a major online media platform supplier. To support this agreement, UJU HOLDING LIMITED will provide a guarantee for the payment obligations of its subsidiaries to Baidu, ensuring financial commitments are met, thereby strengthening its business relationship with Baidu and potentially enhancing its market position.

More about UJU HOLDING LIMITED

UJU HOLDING LIMITED is a company incorporated in the Cayman Islands, operating in the technology sector. It owns subsidiaries such as Hainan Uju Technology Co., Ltd. and Uju Interactive (Beijing) Technology Co., Ltd., which focus on online media platforms and technology services.

YTD Price Performance: -12.39%

Average Trading Volume: 76,000

Technical Sentiment Consensus Rating: Strong Buy

Current Market Cap: HK$594M

For an in-depth examination of 1948 stock, go to TipRanks’ Stock Analysis page.

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