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Huaxin Cement Proposes Name Change to Reflect Building Materials Focus

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Huaxin Cement Proposes Name Change to Reflect Building Materials Focus

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Huaxin Cement Co., Ltd. Class H ( (HK:6655) ) has issued an update.

Huaxin Cement Co., Ltd. has announced a proposal to change its company name to Huaxin Building Materials Group Co., Ltd. This change aims to better reflect the company’s focus on building materials as per regulatory requirements in China. The name change is subject to shareholder approval and the issuance of a certificate of incorporation by the Hong Kong Companies Registrar. The company will also amend certain articles of association to align with the new name and recent listing rule amendments. The stock codes for A-shares and H-shares will remain unchanged.

The most recent analyst rating on (HK:6655) stock is a Buy with a HK$15.00 price target. To see the full list of analyst forecasts on Huaxin Cement Co., Ltd. Class H stock, see the HK:6655 Stock Forecast page.

More about Huaxin Cement Co., Ltd. Class H

Huaxin Cement Co., Ltd. is a company based in the People’s Republic of China, primarily involved in the cement industry. The company focuses on producing and supplying building materials, serving markets that require construction and infrastructure development products.

Average Trading Volume: 24,605,734

Technical Sentiment Signal: Buy

Current Market Cap: HK$38.25B

Find detailed analytics on 6655 stock on TipRanks’ Stock Analysis page.

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