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China Metal Resources Utilization Ltd. ( (HK:1636) ) has issued an update.
China Metal Resources Utilization Ltd. announced that the special resolution regarding the proposed capital reduction and share subdivision was not passed at the extraordinary general meeting held on June 30, 2025. As a result, the capital reduction and share subdivision have not become unconditional, and the company is considering proposing these measures again in the future. This decision impacts the company’s financial restructuring plans and may influence its market positioning and stakeholder interests.
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, with a market focus on recycling and refining metal products.
Average Trading Volume: 268,931
Technical Sentiment Signal: Buy
Current Market Cap: HK$349.6M
For detailed information about 1636 stock, go to TipRanks’ Stock Analysis page.