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Auntea Jenny Proposes Governance Overhaul

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Auntea Jenny Proposes Governance Overhaul

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Auntea Jenny (Shanghai) Industrial Co., Ltd. Class H ( (HK:2589) ) has issued an announcement.

Auntea Jenny (Shanghai) Industrial Co., Ltd., a joint stock company incorporated in China, has announced proposed amendments to its Articles of Association and its annexes to enhance corporate governance. The company plans to abolish the board of supervisors, transferring its powers to the audit committee of the board of directors. This move is subject to shareholder approval and aims to streamline operations and improve oversight, potentially impacting the company’s governance structure and stakeholder relations.

More about Auntea Jenny (Shanghai) Industrial Co., Ltd. Class H

Average Trading Volume: 207,275

Technical Sentiment Signal: Strong Sell

Current Market Cap: HK$12.47B

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