HK Stock Market Move | ANDRE JUICE (02218) rebounds over 6%, completes delivery of 62.0611% equity interest in Yongqiang Technology, enters CCL sector.

ANDRE JUICE (02218) rebounded over 6%, rising 5.26% as of press time to HK$20, with turnover of HK$9.5487 million. On the news front, ANDRE JUICE announced that its acquisition of control over Ningbo Yongqiang Technology has been completed. The company has completed the relevant equity delivery and payment arrangements as agreed, and the 62.0611% equity interest in Yongqiang Technology has been registered under the company's name, with the industrial and commercial change registration procedures completed. Yongqiang Technology has become a controlled subsidiary of the company and has been included in the company's consolidated financial statements from the date of completion of the industrial and commercial change registration. It is understood that Yongqiang Technology's main products are electronic information interconnect materials, including copper clad laminates and prepregs, which are core materials for manufacturing printed circuit boards. Yongqiang Technology currently has an annual production capacity of 1,000 square meters of high-speed high-frequency and BT-type substrate electronic information interconnect materials in Ningbo. Founder previously stated that it is optimistic about the company achieving a "juice main business + electronic materials" dual-drive strategy.