Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
The latest announcement is out from CRRC ( (HK:1766) ).
CRRC Corporation Limited has announced a proposal to abolish its Supervisory Committee and amend its Articles of Association and related procedural rules to enhance corporate governance and comply with regulatory requirements. The functions of the Supervisory Committee will be transferred to the Audit and Risk Management Committee of the Board. The proposed changes are subject to shareholder approval at the company’s general meeting, and the board recommends voting in favor of these resolutions, which are deemed beneficial for the company and its shareholders.
The most recent analyst rating on (HK:1766) stock is a Buy with a HK$6.20 price target. To see the full list of analyst forecasts on CRRC stock, see the HK:1766 Stock Forecast page.
More about CRRC
CRRC Corporation Limited is a joint stock company incorporated in the People’s Republic of China, operating in the transportation industry. It primarily focuses on manufacturing and supplying rail transit equipment and related services, serving a global market.
Average Trading Volume: 20,059,576
Current Market Cap: HK$215.1B
Learn more about 1766 stock on TipRanks’ Stock Analysis page.