Tiangong International Doubles Stake in Chinese Laser Tech Firm Shanghai Gaize
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Tiangong International Co. Ltd. has increased its stake in Shanghai Gaize Laser Technology from 5.56% to approximately 10.53% by investing an additional RMB3 million for 293,869 new shares. This investment aligns Tiangong with the growing market for high-precision mould repair and laser additive manufacturing. The latest analyst rating for Tiangong's stock (HK:0826) is a Hold with a price target of HK$3.50. Tiangong operates through subsidiaries focusing on investment management and technology-related activities in mainland China.
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