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Volcano Spring International to Set Up Healthcare Joint Venture With YouGu Health Technology
VOLCANO SPRING (01715.HK) plans to establish a joint venture to explore the big health field.
On December 12, Gelonghui reported that VOLCANO SPRING (01715.HK) announced an agreement with Yougu Health Technology to establish a joint venture in China on December 12, 2024, aimed at exploring the big health sector. According to the joint venture agreement, the registered capital will be 1 million yuan. The company and Yougu Health Technology will contribute registered capital of 0.51 million yuan and 0.49 million yuan to the joint venture company respectively. After its establishment, the joint venture company will be 51% owned by the company, and its financial performance will be incorporated into the group's consolidated financial statements.
Express News | Volcanospring International - Establishment of Jv With Yougu Health Technology With Registered Share Capital of RMB1 Mln
Volcano Spring International Holdings [01715] is now trading at 0.74 Hong Kong dollars, with a decrease of 15.91%.
As of 11:03, Volcano Spring International Holdings [01715] reported HK$0.74, down HK$0.14 or 15.91% from the previous closing price of HK$0.88, with a trading volume of HK$0.0074 million. The highest price today is HK$0.74, the lowest price is HK$0.74. Calculated based on yesterday's closing price, the 10-day average price is HK$0.85, the 50-day average price is HK$0.93, and the current PE ratio is -1.09 times, with a 14-day relative strength index of 52.48.
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