China Anchu Energy Storage Group Ltd (HK:2399) has released an update.
China Anchu Energy Storage Group Limited announced the successful passage of a resolution during their Extraordinary General Meeting held on September 25, 2024, with over 97% of voting shareholders approving the share issuance at HK$0.5 per share as part of the SPA transactions. This move is set to expand the company’s capital and is indicative of strong shareholder support for the company’s strategic direction. The resolution’s passage reflects the company’s solid footing and potential for future growth.
For further insights into HK:2399 stock, check out TipRanks’ Stock Analysis page.