BAIC Motor (HK:1958) has released an update.
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BAIC Motor Corporation Limited successfully held its fourth extraordinary general meeting of 2024, where a significant resolution to provide a facility guarantee for its wholly-owned subsidiaries was approved by a substantial majority. The meeting saw participation from shareholders representing about 71.58% of the company’s voting shares, highlighting strong investor engagement. This development could influence BAIC Motor’s financial dynamics, drawing the attention of market watchers.
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