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China MeiDong Auto Holdings ( (HK:1268) ) just unveiled an announcement.
China MeiDong Auto Holdings has announced that all resolutions proposed at its annual general meeting on 13 May 2026 were duly approved by shareholders by way of poll. The meeting endorsed the 2025 audited financial statements, re-elected two independent non-executive directors, confirmed KPMG as auditor, and authorized the board to set remuneration for directors and the auditor.
Shareholders also granted the board general mandates to issue up to 20% of existing share capital, repurchase up to 10% of its shares, and extend the issue mandate by the amount repurchased. In addition, investors approved a final dividend of RMB0.0337 per share for 2025, signaling continued capital management discipline and broad shareholder support for the company’s current governance and financial policies.
The most recent analyst rating on (HK:1268) stock is a Buy with a HK$2.20 price target. To see the full list of analyst forecasts on China MeiDong Auto Holdings stock, see the HK:1268 Stock Forecast page.
More about China MeiDong Auto Holdings
China MeiDong Auto Holdings is a Hong Kong-listed automotive dealership group focusing on the sale of passenger vehicles and related after-sales services. The company operates through a network of outlets in mainland China, targeting mid- to high-end car buyers and working closely with major international and domestic auto brands.
Average Trading Volume: 892,155
Technical Sentiment Signal: Strong Sell
Current Market Cap: HK$1.28B
For an in-depth examination of 1268 stock, go to TipRanks’ Overview page.