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Zoomlion Heavy Industry Science & Technology Co ( (HK:1157) ) has provided an update.
Zoomlion Heavy Industry Science & Technology Co., Ltd. has announced proposed amendments to its Articles of Association in compliance with the new Company Law of the People’s Republic of China. The company plans to eliminate the supervisory board, transferring its functions to the audit committee, and will make related changes to the terms of reference for various board committees. These amendments are subject to shareholder approval and aim to streamline governance structures, potentially impacting the company’s operational efficiency and stakeholder engagement.
The most recent analyst rating on (HK:1157) stock is a Buy with a HK$8.50 price target. To see the full list of analyst forecasts on Zoomlion Heavy Industry Science & Technology Co stock, see the HK:1157 Stock Forecast page.
More about Zoomlion Heavy Industry Science & Technology Co
Zoomlion Heavy Industry Science & Technology Co., Ltd. is a company based in the People’s Republic of China, primarily engaged in the manufacturing of construction machinery and equipment. The company is listed on the Stock Exchange of Hong Kong and focuses on providing innovative industrial solutions.
Average Trading Volume: 9,478,584
Technical Sentiment Signal: Buy
Current Market Cap: HK$73.25B
Learn more about 1157 stock on TipRanks’ Stock Analysis page.