The China-based company Trio Resources Inc. (OTC: TRII), which is listed in the United States, could be one to keep an eye on this morning following a significant announcement yesterday. The company made an announcement with regards to a new strategic alliance that it had gone into. It may be a good time to take a closer look.
New Alliance
The company announced yesterday that not too long ago it had completed the acquisition of Sichuan Huatai Aiji Health Management Co. Ltd. Trio Resources announced that the acquisition would help it in further boosting its strategic position in the healthcare industry and lay the foundations of a newfound vigor in its highly diversified business activities. The company also stated that in 2024, Aiji Health Platform had recorded eye-catching growth as it launched as many as 600 new stores and added 300,000 new clients. The annual revenues also touched a staggering 150 million RMB.
Further Details
Trio Resources noted that the company’s strong performance was a clear indication of its longer-term potential and could help in laying a strong base for the long-term relationship between the two companies. It could be a good time for investors to add the Trio Resources stock to their watch lists.
