Qidian International Co., Ltd. (HK:1280) has released an update.
Stay Ahead of the Market:
- Discover outperforming stocks and invest smarter with Top Smart Score Stocks
- Filter, analyze, and streamline your search for investment opportunities using Tipranks' Stock Screener
China Qidian Guofeng Holdings Limited announced that the resolution to grant 36,114,570 Award Shares to Executive Director Yuan Lijun was not approved at the recent extraordinary general meeting. Despite efforts to authorize this share allocation, only 13.13% of votes were in favor, resulting in the resolution’s rejection. This decision reflects the shareholders’ significant opposition to the proposed share grant.
For further insights into HK:1280 stock, check out TipRanks’ Stock Analysis page.