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China Metal Resources Utilization Ltd. ( (HK:1636) ) has issued an update.
China Metal Resources Utilization Ltd. announced the results of its Annual General Meeting held on June 30, 2025. All ordinary resolutions, including the adoption of financial statements for the years ending 2022, 2023, and 2024, and the re-election of several directors, were passed. However, special resolutions regarding share repurchase and issuance mandates did not pass due to insufficient votes, indicating potential shareholder concerns about the company’s strategic direction.
More about China Metal Resources Utilization Ltd.
China Metal Resources Utilization Ltd. is a company incorporated in the Cayman Islands, primarily involved in the metal resources industry. The company focuses on the utilization and management of metal resources, which is a critical sector within the broader industrial and manufacturing markets.
Average Trading Volume: 268,931
Technical Sentiment Signal: Buy
Current Market Cap: HK$349.6M
For a thorough assessment of 1636 stock, go to TipRanks’ Stock Analysis page.