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An announcement from COSCO SHIPPING Development Co ( (HK:2866) ) is now available.
COSCO SHIPPING Development Co., Ltd. announced that all resolutions were approved at their Extraordinary General Meeting (EGM) held on September 23, 2025. Key resolutions included the 2025 Heavy Industry Shipbuilding Contracts, changes to the company’s registered capital, cancellation of the Supervisory Committee, amendments to corporate governance documents, and the implementation of an A Share Repurchase Plan. The approval of these resolutions is expected to impact the company’s operational strategies and enhance its market positioning, potentially affecting stakeholders positively.
More about COSCO SHIPPING Development Co
COSCO SHIPPING Development Co., Ltd. is a joint stock limited company incorporated in the People’s Republic of China, operating in the shipping and logistics industry. The company focuses on shipbuilding, shipping logistics, and related financial services.
Average Trading Volume: 28,616,072
Technical Sentiment Signal: Strong Buy
Current Market Cap: HK$31.63B
See more insights into 2866 stock on TipRanks’ Stock Analysis page.