2 stories mentioning SHE:002881Updated 20d ago
Every FINWIRES story that references SHE:002881, newest first.
MeiG Smart Technology (HKG:3268, SHE:002881) said it agreed to acquire Huixin Property Management (Shanghai) for up to 285.5 million yuan, according to a Friday filing with the Hong Kong bourse.Huixin Property Management owns a property in Shanghai's Minhang district and the acquisition will give MeiG Smart Technology access to office space for business expansion and research and development, it said.
MeiG Smart Technology (HKG:3268, SHE:002881) agreed to invest 300 million yuan to build an artificial intelligence research and development center in China's Nantong City, according to a Hong Kong bourse filing Wednesday.Shares of the Chinese wireless communication module maker gained over 6% in Hong Kong morning trade Thursday.The firm will also build a manufacturing project as part of the investment that is expected to span until 2030.As part of the plan, the company said it will incorporate a new subsidiary within Nantong with a registered capital of 200 million yuan.
