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China Weaving Materials Approves Share Consolidation at EGM

Story Highlights
  • China Weaving Materials operates in the textile industry, producing weaving materials for the Chinese market.
  • The company approved a share consolidation to optimize its capital structure and enhance market positioning.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
China Weaving Materials Approves Share Consolidation at EGM

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An announcement from China Weaving Materials Holdings Ltd. ( (HK:3778) ) is now available.

China Weaving Materials Holdings Ltd. announced the successful passage of a resolution at its extraordinary general meeting held on November 7, 2025. The resolution, which was approved unanimously by shareholders, involves a share consolidation, aimed at optimizing the company’s capital structure. This decision reflects the company’s strategic efforts to enhance its market positioning and operational efficiency.

The most recent analyst rating on (HK:3778) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on China Weaving Materials Holdings Ltd. stock, see the HK:3778 Stock Forecast page.

More about China Weaving Materials Holdings Ltd.

China Weaving Materials Holdings Ltd. is a company incorporated in the Cayman Islands, operating in the textile industry. The company is involved in the production and distribution of weaving materials, focusing on the Chinese market.

Average Trading Volume: 2,512,754

Technical Sentiment Signal: Sell

Current Market Cap: HK$375.7M

Learn more about 3778 stock on TipRanks’ Stock Analysis page.

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