Dalip Holdings (01921) rose more than 80% yesterday and closed up 56%. Today's intraday decline was nearly 9%. As of press release, it was down 7.37% to HK$6.66, with a turnover of HK$25.9231 million.
The Zhitong Finance App learned that Dalip Holdings (01921) rose more than 80% yesterday and closed up 56%. Today's intraday price decline was nearly 9%. As of press release, it fell 7.37% to HK$6.66, with a turnover of HK$25.9231 million.
According to the news, Dalip Holdings announced that it signed a letter of intent with Saudi Aramco's wholly-owned subsidiary, King Salman Energy City “SPARK” at the Abu Dhabi International Petroleum Exhibition, and the two sides will sign a memorandum of understanding on the company's basic construction and production project at SPARK. The products of the project are mainly aimed at international markets such as the Middle East and Africa. It will build a world-class R&D center and intelligent manufacturing base in accordance with intelligent manufacturing, digital management, green development and ESG standards.
According to reports, in mid-August of this year, Dalip Holdings announced that the group had successfully obtained an industrial investment license issued by the Saudi Arabian Ministry of Investment. This marks substantial progress in Saudi Arabia in the “Middle East Strategic Development Plan” issued by the Group in March 2024. This time, the Group successfully obtained an investment license, which means that the Group can conduct business in Saudi Arabia. It is a key step in the Group's strategic development to better serve customers in the Middle East and Africa, and to build production facilities and invest and finance in Saudi Arabia in the future.