---
title: "Shangshan Gold Expands Global Reach with New Licensing and Sales Agreements"
description: "Shangshan Gold International Holdings Limited has announced a strategic licensing agreement with its subsidiary, Hong Kong Shangshan Technology Development Co., Limited, allowing the use of patents fo"
type: "news"
locale: "en"
url: "https://longbridge.com/en/news/255243894.md"
published_at: "2025-08-29T15:15:30.000Z"
---

# Shangshan Gold Expands Global Reach with New Licensing and Sales Agreements

> Shangshan Gold International Holdings Limited has announced a strategic licensing agreement with its subsidiary, Hong Kong Shangshan Technology Development Co., Limited, allowing the use of patents for intelligent terminal devices outside mainland China. Additionally, a sales contract with Smart Gold Management Limited aims to expand its gold-related operations. These initiatives are expected to enhance the company's position in the gold and jewelry industry. The latest analyst rating for Tokyo Chuo Auction Holdings Ltd. (HK:1939) is a Hold with a price target of HK$9.50.

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An update from Tokyo Chuo Auction Holdings Ltd. ( (HK:1939) ) is now available.

Shangshan Gold International Holdings Limited announced a strategic move involving an intellectual property rights licensing agreement with its subsidiary, Hong Kong Shangshan Technology Development Co., Limited. This agreement allows Shangshan Technology to utilize patents and proprietary technologies for intelligent terminal devices outside of mainland China, enhancing its global market presence. Additionally, a sales contract was established with Smart Gold Management Limited, marking a significant step in expanding its gold-related business operations. These developments are poised to strengthen the company’s position in the gold and jewelry industry by leveraging advanced technological solutions.

The most recent analyst rating on (HK:1939) stock is a Hold with a HK$9.50 price target. To see the full list of analyst forecasts on Tokyo Chuo Auction Holdings Ltd. stock, see the HK:1939 Stock Forecast page.

**More about Tokyo Chuo Auction Holdings Ltd.**

Shangshan Gold International Holdings Limited, along with its subsidiaries, operates in the gold and jewelry industry, focusing on the development and production of intelligent terminal devices. The company is involved in software and hardware research and has been recognized for its innovative contributions, particularly in gold recycling and self-service rental and sale of gold and jewelry.

**Average Trading Volume:** 3,937,960

**Technical Sentiment Signal:** Buy

**Current Market Cap:** HK$4.08B

For an in-depth examination of 1939 stock, go to TipRanks’ Overview page.

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> **Disclaimer**: This article is for reference only and does not constitute any investment advice.