The latest update is out from Zhaojin Mining Industry Co ( (HK:1818) ).
Zhaojin Mining Industry Company Limited has announced proposed amendments to its Articles of Association following the successful placement of 140 million new H shares, which increased the total issued shares to 3.54 billion. This change in shareholding structure necessitates updates to the company’s registered capital and share capital structure, reflecting a shift in the proportion of domestic and overseas shareholders. The amendments have been approved by the board and will be presented at the 2024 annual general meeting for further consideration, indicating a strategic move to accommodate the company’s expanded shareholder base.
More about Zhaojin Mining Industry Co
Zhaojin Mining Industry Company Limited is a joint stock limited company incorporated in the People’s Republic of China. It operates in the mining industry, focusing primarily on the extraction and production of gold and other precious metals. The company is listed on the Stock Exchange of Hong Kong and has a significant presence in both domestic and international markets.
Average Trading Volume: 23,830,459
Technical Sentiment Signal: Buy
Current Market Cap: HK$68.23B
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