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Beijing Media Wins Shareholder Backing for Beijing Metro Concession Deals and Board Appointment

Story Highlights
  • Shareholders overwhelmingly approved metro concession rights agreements, deepening Beijing Media’s role in Beijing’s infrastructure.
  • The EGM also confirmed the appointment of Mr. Nie Sen as non-executive director, strengthening board oversight of new projects.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Beijing Media Wins Shareholder Backing for Beijing Metro Concession Deals and Board Appointment

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Beijing Media Corp. Ltd. Class H ( (HK:1000) ) just unveiled an announcement.

Beijing Media Corporation Limited has announced that all resolutions proposed at its extraordinary general meeting held in Beijing on 30 December 2025 were duly passed by poll, reflecting near-unanimous shareholder support. Shareholders approved exclusive concession rights agreements relating to Beijing Metro Line 4, the Daxing Line and Metro Line 17 with Beijing MTR Corporation Limited and Beijing Jinggang Line 17 Metro Co., Ltd., authorizing a director to execute all relevant documents to implement these arrangements, which further embed the company in Beijing’s infrastructure and service ecosystem. The meeting also confirmed the appointment of Mr. Nie Sen as a non-executive director, reinforcing the board’s capacity to oversee these new concession projects and the company’s broader strategic direction.

The most recent analyst rating on (HK:1000) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on Beijing Media Corp. Ltd. Class H stock, see the HK:1000 Stock Forecast page.

More about Beijing Media Corp. Ltd. Class H

Beijing Media Corporation Limited is a Chinese joint stock company listed in Hong Kong, operating in the media and publishing sector with links to the Beijing Youth Daily group, and is diversifying into infrastructure-related concession rights in partnership with urban rail operators in Beijing.

Average Trading Volume: 16,605

Technical Sentiment Signal: Sell

Current Market Cap: HK$108.5M

See more data about 1000 stock on TipRanks’ Stock Analysis page.

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