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BAIC Motor Successfully Concludes 2024 AGM and 2025 Shareholder Meetings

Story Highlights
  • BAIC Motor held its 2024 AGM and 2025 class meetings with high shareholder participation.
  • All proposed resolutions were passed, showing strong shareholder support for BAIC’s strategies.
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BAIC Motor Successfully Concludes 2024 AGM and 2025 Shareholder Meetings

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BAIC Motor ( (HK:1958) ) has shared an announcement.

BAIC Motor Corporation Limited announced the successful conclusion of its 2024 Annual General Meeting and the 2025 first class meetings for both domestic and H shareholders. The meetings, which were held in compliance with the Company Law, saw a significant participation rate with over 72% of shareholders represented. All resolutions, including the approval of the 2024 Board of Directors and Supervisors reports, the 2024 profit and dividends distribution plan, and the change of auditors for 2025, were passed by a substantial majority, indicating strong shareholder support for the company’s strategic decisions.

The most recent analyst rating on (HK:1958) stock is a Hold with a HK$2.00 price target. To see the full list of analyst forecasts on BAIC Motor stock, see the HK:1958 Stock Forecast page.

More about BAIC Motor

BAIC Motor Corporation Limited is a joint stock company incorporated in the People’s Republic of China, operating in the automotive industry. The company primarily focuses on the manufacture and sale of vehicles, serving both domestic and international markets.

Average Trading Volume: 16,602,075

Technical Sentiment Signal: Sell

Current Market Cap: HK$15.23B

For an in-depth examination of 1958 stock, go to TipRanks’ Overview page.

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