Graphex Group Expands into Electric Vehicle Market with Strategic Investment
I'm PortAI, I can summarize articles.
Graphex Group Limited, through its subsidiary Allied Apex Limited, has announced a strategic investment to acquire an 18% stake in Tronche International New Energy Vehicles Co., aiming to strengthen its position in the electric vehicle market. The investment supports the joint venture Hachi, which plans to open a production plant in Xuzhou, China, by November 2025. Despite this strategic move, Graphex faces financial challenges, with analysts rating its stock (GRFXY) as Hold and projecting a price target of $1.00.
Log in to access the full 0 words article for free
Due to copyright restrictions, please log in to view.
Thank you for supporting legitimate content.
Source: Tip Ranks The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
Post your comment
No Comments