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Changes in Hong Kong stocks | Andeley Juice (02218) rebounded more than 6% and completed the acquisition of Yongqiang Technology 62.0611% equity settlement and entered the CCL circuit
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The Zhitong Finance App learned that Andeley Juice (02218) rebounded more than 6%. As of press release, it had risen 5.26% to HK$20, with a turnover of HK$9.5487 million.

According to the news, Andeley Juice announced that the company's acquisition of the control rights of Ningbo Yongqiang Technology has been completed. The company has completed the relevant share delivery and price payment arrangements as agreed in the agreement. 62.0611% of Yongqiang Technology's shares have been registered under the company's name, and the registration procedures for industrial and commercial changes have been completed. Yongqiang Technology has become a holding subsidiary of the company and has been included in the scope of the company's consolidated financial statements since the registration of industrial and commercial changes was completed.

According to reports, Yongqiang Technology's main products are electronic information interconnection materials, including copper-clad plates and semi-cured sheets, which are the core materials for manufacturing printed circuit boards. Currently, Yongqiang Technology has an annual production capacity of 1,000 square meters of high-speed high-frequency and BT-type electronic information interconnection materials in Ningbo. Fangzheng Securities previously stated that it is optimistic that the company will achieve “juice main business+electronic materials” two-wheel drive.

Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.
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