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Beijing Jingcheng Machinery Electric Co Ltd Class H ( (HK:0187) ) just unveiled an announcement.
Beijing Jingcheng Machinery Electric Co Ltd’s Supervisory Committee approved a capital increase for its subsidiary, Beijing Tianhai Hydrogen Energy Equipment Co., Ltd., to support business development and optimize capital structure, with a maximum increase of RMB300 million. Additionally, the company achieved its performance appraisal targets for the 2024 unlocking period of the 2023 Restricted Share Incentive Scheme, aligning with legal and regulatory requirements, ensuring no prejudice to shareholders’ interests.
More about Beijing Jingcheng Machinery Electric Co Ltd Class H
Beijing Jingcheng Machinery Electric Co Ltd is a joint stock company incorporated in China, operating in the machinery and electric industry. The company focuses on providing machinery and electric solutions, with a notable emphasis on hydrogen energy equipment through its subsidiary, Beijing Tianhai Hydrogen Energy Equipment Co., Ltd.
Average Trading Volume: 12,619,191
Technical Sentiment Signal: Strong Buy
Current Market Cap: HK$5.78B
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