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Baozun Inc. Updates Board and Committee Composition Under Dual-Class Share Structure

Story Highlights
  • Baozun operates with dual-class shares and ADSs listed in Hong Kong and on Nasdaq.
  • The company detailed its board and committee lineup, emphasizing independent oversight roles.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Baozun Inc. Updates Board and Committee Composition Under Dual-Class Share Structure

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An update from Baozun, Inc. Class A ( (HK:9991) ) is now available.

Baozun Inc. announced the current composition of its board of directors and the allocation of roles across its key board committees, underscoring its corporate governance framework as a weighted voting rights issuer in Hong Kong and on Nasdaq. The board is chaired by Chairman and Chief Executive Officer Vincent Wenbin Qiu and includes both executive and independent directors, with independent directors chairing the audit, compensation, and nominating and corporate governance committees, signaling an effort to align with international governance standards and provide oversight for shareholders within the constraints of its dual-class share structure.

The most recent analyst rating on (HK:9991) stock is a Hold with a HK$7.50 price target. To see the full list of analyst forecasts on Baozun, Inc. Class A stock, see the HK:9991 Stock Forecast page.

More about Baozun, Inc. Class A

Baozun Inc. is a Cayman Islands-incorporated company operating under a weighted voting rights structure, with dual-class shares consisting of Class A ordinary shares carrying one vote and Class B ordinary shares carrying ten votes. Its American depositary shares, each representing three Class A ordinary shares, are listed on the Nasdaq Global Select Market under the symbol BZUN, while its shares are also traded on the Hong Kong Stock Exchange, positioning the company within international capital markets and exposing investors to the governance characteristics and risks associated with such share structures.

Average Trading Volume: 15,862

Technical Sentiment Signal: Strong Sell

Current Market Cap: HK$1.21B

Learn more about 9991 stock on TipRanks’ Stock Analysis page.

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