Beijing Jingcheng Approves Key Corporate Resolutions

Beijing Jingcheng Machinery Electric Co Ltd Class H (HK:0187) has released an update.

Beijing Jingcheng Machinery Electric Co Ltd has successfully held its eighth extraordinary board meeting, where significant resolutions were passed, including the appointment of Ms. Chen Junping to the audit and remuneration committees, and the approval of a connected transaction for the acquisition of precision numerical control machine tools by subsidiary Tianhai Industry for RMB3.5 million. The meeting and resolutions were conducted in accordance with legal and corporate governance standards, ensuring the company’s compliance with regulatory requirements.

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