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China Boton Calls EGM to Approve Major Shenzhen Land Resumption Deal

Story Highlights
  • China Boton has convened a February 2026 EGM to secure shareholder approval for a major land resumption arrangement involving its Shenzhen subsidiary.
  • The company seeks ratification of agreements for the resumption of about 64,662 square meters of land in Nanshan District, empowering directors to complete the transaction and adjust its asset base.
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China Boton Calls EGM to Approve Major Shenzhen Land Resumption Deal

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China Boton Group Co., Ltd. ( (HK:3318) ) just unveiled an update.

China Boton Group Company Limited has called an extraordinary general meeting in Hong Kong on 2 February 2026 for shareholders to vote on approving a land resumption arrangement involving its subsidiary Shenzhen Boton Flavor & Fragrances Co., Ltd. The proposed resolution seeks shareholder ratification of a land resumption agreement and a supplemental agreement with a local authority in Shenzhen and Shenzhen Baishuo New City Investment Co., Ltd., covering the compulsory resumption of approximately 64,662 square meters of land in Nanshan District, Shenzhen, and authorizes the board to execute all necessary documents and actions to implement the transaction, a move that could reshape the group’s asset base and operational footprint in the region.

The most recent analyst rating on (HK:3318) stock is a Hold with a HK$1.50 price target. To see the full list of analyst forecasts on China Boton Group Co., Ltd. stock, see the HK:3318 Stock Forecast page.

More about China Boton Group Co., Ltd.

China Boton Group Company Limited is a Hong Kong–listed company incorporated in the Cayman Islands and operates through subsidiaries including Shenzhen Boton Flavor & Fragrances Co., Ltd. The group is involved in the flavor and fragrance sector and related businesses in mainland China, with operations and assets in key urban locations such as Shenzhen and Hong Kong.

Average Trading Volume: 420,437

Technical Sentiment Signal: Strong Sell

Current Market Cap: HK$1.85B

Learn more about 3318 stock on TipRanks’ Stock Analysis page.

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