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China New City Announces 2025 AGM and Key Resolutions

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China New City Announces 2025 AGM and Key Resolutions

Confident Investing Starts Here:

China New City Commercial Development Ltd ( (HK:1321) ) has shared an announcement.

China New City Commercial Development Ltd has announced its upcoming annual general meeting scheduled for June 5, 2025, in Hangzhou, China. The meeting will address several key resolutions, including the approval of the company’s 2024 financial statements, re-election of directors, and re-appointment of auditors. Additionally, the company seeks shareholder approval to authorize the board to issue additional shares, which could impact the company’s capital structure and market positioning.

More about China New City Commercial Development Ltd

China New City Commercial Development Ltd is a company incorporated in the Cayman Islands, operating in the commercial development sector with a focus on real estate projects in China. It is listed on the Hong Kong Stock Exchange under the stock code 1321.

YTD Price Performance: -23.33%

Technical Sentiment Signal: Strong Buy

Current Market Cap: €164.4M

For a thorough assessment of 1321 stock, go to TipRanks’ Stock Analysis page.

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