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China Vanke Approves Key Resolutions at Board Meeting

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China Vanke Co ( (HK:2202) ) has shared an update.

China Vanke Co., Ltd. held its fifteenth meeting of the twentieth session of the board of directors, where several key resolutions were approved. These included the 2024 Annual Report, major tasks for 2025, and various financial and strategic plans such as the impairment provision and profit appropriation for 2024. Notably, the company decided not to pay dividends for 2024. The meeting also approved the formulation of a market capitalization management system and a valuation enhancement plan, indicating a strategic focus on improving financial health and market positioning.

More about China Vanke Co

China Vanke Co., Ltd. is a leading real estate company based in the People’s Republic of China, primarily engaged in property development and management. The company focuses on residential and commercial real estate projects and is known for its significant market presence in China’s real estate industry.

YTD Price Performance: 5.23%

Average Trading Volume: 2,647

Technical Sentiment Signal: Buy

Current Market Cap: $11.16B

See more insights into 2202 stock on TipRanks’ Stock Analysis page.

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