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Ionix Technology Inc - IINX STOCK NEWS

Welcome to our dedicated news page for Ionix Technology (Ticker: IINX), a resource for investors and traders seeking the latest updates and insights on Ionix Technology.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Ionix Technology's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Ionix Technology's position in the market.

Rhea-AI Summary
Ionix Technology Inc (IINX) has announced its definitive agreement to absorb Dalian Huagang Logistics Park Co., Ltd., marking a significant expansion in IINX's operational footprint. The acquisition signifies the company's full control and ownership of Dalian Huagang, a key player in the logistics sector. The 23,000-square-meter park includes 17,000 square meters allocated for cold chain storage, with investments totaling USD 2 million for initial construction and USD 1.65 million for specialized refrigeration equipment. Post-launch, the park's cold storage and online sales channels are anticipated to yield annual revenues of USD 6.85 million and USD 13.7 million, respectively, contributing an estimated USD 7.8 million in net profits annually to the parent company.
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20.62%
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Ionix Technology Inc

OTC:IINX

IINX Rankings

IINX Stock Data

35.40k
131.89M
25.48%
Facilities Support Services
Administrative and Support and Waste Management and Remediation Services
Link
China (Mainland)
Shenzhen