China Integrated Holdings (01027) rose more than 17%. As of press time, it rose 17.05% to HK $1.03, with a turnover of HK $1.17 million.
Zhitong Financial APP learned that China Integrated Holdings (01027) rose more than 17%. As of press time, it rose 17.05% to 1.03 Hong Kong dollars, with a turnover of 1.17 million Hong Kong dollars. The company's share price has hit a new high this year, up 255% since October.
On the news side, China Integrated Holdings announced that on October 26, 2023, the company signed a non-binding strategic cooperation agreement with Zhengzhou and Shanren Information Technology Co., Ltd.
The company intends to make use of Zhengzhou and Shanren Information Technology Co., Ltd. in the development of online to offline business, live sales channels and the cultivation of closed ecosystem expertise and expertise. The company aims to integrate digital technology, including, but not limited to, the Internet of things (IOT) into its business, promote the growth of e-commerce services, and explore digital-related business opportunities.
In addition, China Integrated Holdings previously announced interim results for the six months ended June 30, 2023. The group made a profit of 158 million yuan (the same unit below), down 17.81% from the same period last year; the loss attributable to the owners of the company was 7.314 million yuan, down 48.24% from the same period last year; loss per share is 1.77 points.
The decline in revenue was mainly due to a decline in demand for POE umbrellas and umbrella parts compared with the same period last year, the announcement said.