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Zhejiang Shibao Proposes Governance Amendments

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Zhejiang Shibao Proposes Governance Amendments

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Zhejiang Shibao Co. Ltd. Class H ( (HK:1057) ) just unveiled an update.

Zhejiang Shibao Co. Ltd., a joint stock company incorporated in China, has announced proposed amendments to its Articles of Association and various procedural rules. The company plans to abolish its supervisory committee, transferring its functions to the audit committee, and will also add one staff director and one independent director. These changes are aimed at aligning with regulatory requirements and supporting the company’s business development needs. The amendments require approval from shareholders at an upcoming extraordinary general meeting.

More about Zhejiang Shibao Co. Ltd. Class H

Average Trading Volume: 13,860,201

Technical Sentiment Signal: Buy

Current Market Cap: HK$9.89B

For a thorough assessment of 1057 stock, go to TipRanks’ Stock Analysis page.

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