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CALB Shareholders Approve Key Connected Transaction Caps at 2025 Extraordinary Meeting

Story Highlights
  • CALB operates in China’s battery and new energy sector, with H and domestic shares governed by Hong Kong and mainland rules.
  • Shareholders at CALB’s December EGM overwhelmingly approved revised 2025 and new 2026 connected transaction caps, bolstering board flexibility over key processing and sales deals.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
CALB Shareholders Approve Key Connected Transaction Caps at 2025 Extraordinary Meeting

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The latest announcement is out from CALB Co., Ltd. Class H ( (HK:3931) ).

CALB Group Co., Ltd. reported that all resolutions at its third extraordinary general meeting of 2025, held on 24 December in Changzhou, were approved by shareholders via poll, with a turnout representing about 72% of the company’s issued share capital. Investors endorsed revisions to the 2025 annual cap under the Entrusted Processing Framework Agreement and approved the 2026 Sales Framework Agreement, including its annual cap and broad authorization for the board or its delegates to amend and execute the connected transaction arrangements in line with regulatory and listing requirements. The strong majority support, despite the required abstention of major shareholder Jintan Group, reinforces board flexibility in handling key processing and sales arrangements, which are central to CALB’s ongoing commercial operations and future revenue streams.

The most recent analyst rating on (HK:3931) stock is a Hold with a HK$31.00 price target. To see the full list of analyst forecasts on CALB Co., Ltd. Class H stock, see the HK:3931 Stock Forecast page.

More about CALB Co., Ltd. Class H

CALB Group Co., Ltd. is a China-incorporated joint stock limited company listed in Hong Kong, active in the battery and new energy sector. The company has both H shares and domestic shares outstanding and is subject to Hong Kong Listing Rules and mainland Chinese regulatory requirements in managing its shareholder meetings and connected transactions.

Average Trading Volume: 7,920,491

Technical Sentiment Signal: Buy

Current Market Cap: HK$45.44B

Learn more about 3931 stock on TipRanks’ Stock Analysis page.

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