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China Development Bank Financial Leasing Co Ltd Class H ( (HK:1606) ) has shared an announcement.
China Development Bank Financial Leasing Co. said shareholders approved all business at its first extraordinary shareholders’ meeting of 2026, held on 18 May in Shenzhen, with about 74.78% of issued shares represented. The meeting was convened in compliance with PRC regulations, Hong Kong listing rules and the company’s articles, with Computershare Hong Kong Investor Services acting as scrutineer and no shareholders subject to voting restrictions.
Investors voted overwhelmingly to elect Bao Quanyong as an executive director, with more than 99.99% of votes cast in favour of his appointment. Bao will join the third session of the board once approval is granted by the NFRA Shenzhen Office, further shaping the company’s leadership as it executes its financial leasing strategy.
More about China Development Bank Financial Leasing Co Ltd Class H
China Development Bank Financial Leasing Co., Ltd. is a financial leasing company incorporated in the People’s Republic of China and listed in Hong Kong under stock code 1606. It operates as a leasing-focused financial institution, is not an authorized bank under Hong Kong’s Banking Ordinance, and is therefore not subject to supervision by the Hong Kong Monetary Authority.
YTD Price Performance: -7.56%
Average Trading Volume: 3,444,411
Technical Sentiment Signal: Strong Buy
Current Market Cap: HK$20.1B
See more insights into 1606 stock on TipRanks’ Stock Analysis page.