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Flat Glass Group Co ( (HK:6865) ) has shared an announcement.
Flat Glass Group Co., Ltd. has announced proposed amendments to its Articles of Association and certain corporate governance rules. Key changes include the repurchase and cancellation of 40,000 restricted shares due to a participant’s employment termination, and the cancellation of the Supervisory Committee, with its functions being transferred to the Board’s audit committee. These amendments aim to align the company’s governance with legal and regulatory standards, enhance operational mechanisms, and safeguard shareholder interests without adversely impacting business operations.
The most recent analyst rating on (HK:6865) stock is a Hold with a HK$11.50 price target. To see the full list of analyst forecasts on Flat Glass Group Co stock, see the HK:6865 Stock Forecast page.
More about Flat Glass Group Co
Flat Glass Group Co., Ltd. is a joint stock company incorporated in the People’s Republic of China, operating in the glass manufacturing industry. The company primarily focuses on producing flat glass products, serving various market needs.
YTD Price Performance: -0.92%
Average Trading Volume: 8,619,596
Technical Sentiment Signal: Sell
Current Market Cap: HK$38.44B
For a thorough assessment of 6865 stock, go to TipRanks’ Stock Analysis page.