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Changsha Broad Homes Initiates Internal Investigation Amid Allegations

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Changsha Broad Homes Initiates Internal Investigation Amid Allegations

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Changsha Broad Homes Industrial Group Co., Ltd. Class H ( (HK:2163) ) has provided an announcement.

Changsha Broad Homes Industrial Group Co., Ltd. has announced significant internal investigations following allegations against its chairman, Mr. Zhang Jian, involving the occupation of company funds and non-compliant transactions. The company is forming an independent committee to investigate these claims and is also addressing audit delays due to missing documentation related to transactions involving Mr. Zhang. These developments could impact the company’s financial transparency and governance, affecting stakeholder confidence.

More about Changsha Broad Homes Industrial Group Co., Ltd. Class H

Changsha Broad Homes Industrial Group Co., Ltd. is a joint stock company incorporated in China, operating in the construction industry. The company focuses on prefabricated construction solutions and is listed on the Hong Kong Stock Exchange.

Average Trading Volume: 351,858

Technical Sentiment Signal: Sell

Current Market Cap: HK$292.6M

See more data about 2163 stock on TipRanks’ Stock Analysis page.

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