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China New City Group Approves Key Resolutions at EGM

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China New City Group Approves Key Resolutions at EGM

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

China New City Group Limited announced that all resolutions proposed at the Extraordinary General Meeting (EGM) on January 15, 2025, were approved by shareholders. The meeting addressed the New Financial Advances Framework Agreement and its related transactions, with all independent shareholders voting in favor. This approval signifies a step forward in the company’s financial strategy, potentially impacting its market operations and shareholder confidence.

More about China New City Commercial Development Ltd

YTD Price Performance: -6.67%

Technical Sentiment Consensus Rating: Hold

Current Market Cap: €193M

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

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