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Bank of Zhengzhou Restructures Governance Framework

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Bank of Zhengzhou Restructures Governance Framework

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Bank of Zhengzhou Co., Ltd. Class H ( (HK:6196) ) has provided an announcement.

Bank of Zhengzhou Co., Ltd. announced the approval of amendments to its articles of association and the abolishment of its board of supervisors. The Henan Financial Regulatory Bureau has approved these changes, which will see the audit committee of the board taking over the responsibilities previously held by the board of supervisors. This restructuring aims to streamline governance and align with regulatory requirements, with no disagreements reported by the outgoing supervisors.

More about Bank of Zhengzhou Co., Ltd. Class H

Bank of Zhengzhou Co., Ltd. is a joint stock company incorporated in the People’s Republic of China, primarily operating in the financial services industry. It is not authorized to conduct banking or deposit-taking business in Hong Kong and is not under the supervision of the Hong Kong Monetary Authority.

YTD Price Performance: 24.75%

Average Trading Volume: 12,333,266

Technical Sentiment Signal: Buy

Current Market Cap: HK$17.79B

See more insights into 6196 stock on TipRanks’ Stock Analysis page.

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