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Beijing Jingcheng Machinery Electric Co Ltd Class H ( (HK:0187) ) has provided an update.
Beijing Jingcheng Machinery Electric Co Ltd announced the resolutions passed at its thirteenth extraordinary board meeting. Key decisions included a capital increase for its subsidiary, Beijing Tianhai Hydrogen Energy Equipment Co., Ltd., through a public tender, with a maximum increase of RMB300 million. Additionally, the company achieved its performance appraisal targets for the first unlocking period of the 2023 Restricted Share Incentive Scheme. Amendments to the management system for recognizing and writing off accounts receivable losses were also approved.
More about Beijing Jingcheng Machinery Electric Co Ltd Class H
Beijing Jingcheng Machinery Electric Co Ltd is a joint stock company incorporated in China, focusing on machinery and electric products. It operates in the energy sector, with a particular emphasis on hydrogen energy equipment through its wholly-owned 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
Learn more about 0187 stock on TipRanks’ Stock Analysis page.