Prosperity Group Forms Joint Venture for High-End Perovskite Equipment

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2025.11.04 13:07
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Prosperity Group International Limited has formed a joint venture with Earn Best International and Huge Act to focus on high-end perovskite equipment in China. Huge Act will own 51% and Earn Best International 49% of the JV, which will receive US$5 million in shareholder loans. This strategic move aims to strengthen the company's position in the high-tech equipment sector. The latest analyst rating for Kingbo Strike Ltd. (HK:1421) is a Hold with a price target of HK$0.50.