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China High Speed Transmission Postpones Extraordinary General Meeting Amid Stakeholder Concerns

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China High Speed Transmission Postpones Extraordinary General Meeting Amid Stakeholder Concerns

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China High Speed Transmission Equipment Group Co ( (HK:0658) ) has shared an announcement.

China High Speed Transmission Equipment Group Co., Ltd. has announced the postponement of its Extraordinary General Meeting (EGM) originally scheduled for April 24, 2025, due to significant opposition from shareholders, employees, and other stakeholders. The decision to delay the meeting until June 27, 2025, coinciding with the annual general meeting, allows the company time to address concerns, including an ongoing independent investigation, which is expected to yield findings in May 2025.

More about China High Speed Transmission Equipment Group Co

China High Speed Transmission Equipment Group Co., Ltd. operates in the transmission equipment industry, focusing on high-speed gear transmission systems. The company is known for its products catering to various industrial applications, emphasizing innovation and efficiency in its market offerings.

YTD Price Performance: -1.82%

Technical Sentiment Signal: Strong Buy

Current Market Cap: $177M

See more data about 0658 stock on TipRanks’ Stock Analysis page.

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