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China Daye Non-Ferrous Metals Mining Limited ( (HK:0661) ) just unveiled an update.
China Daye Non-Ferrous Metals Mining Limited has convened its annual general meeting for 26 May 2026 in Hong Kong, where shareholders will review the audited financial statements for the year ended 31 December 2025 and re-elect several executive and independent non-executive directors. The agenda also includes appointing Baker Tilly Hong Kong Limited as auditor, authorising the board to set directors’ and auditor’s remuneration, and granting the board mandates to repurchase up to 10% of the company’s issued shares and to issue new shares, moves that collectively aim to provide the company with greater capital management flexibility and governance continuity.
These authorisations, if approved, would enhance the board’s ability to manage the company’s capital structure, respond to market conditions and support future financing or restructuring needs without frequent shareholder approval. For investors and other stakeholders, the proposed share repurchase and issuance mandates, together with the re-election of directors, signal an effort to maintain stable leadership while preserving optionality in funding and balance sheet management in a cyclical metals market.
More about China Daye Non-Ferrous Metals Mining Limited
China Daye Non-Ferrous Metals Mining Limited is a Hong Kong-listed company engaged in the non-ferrous metals mining industry. The group focuses on the production and trading of non-ferrous metal products, serving industrial and manufacturing customers that rely on stable supplies of these raw materials.
Average Trading Volume: 60,215,225
Technical Sentiment Signal: Buy
Current Market Cap: HK$2.29B
See more data about 0661 stock on TipRanks’ Stock Analysis page.