China Tower Approves Key Resolutions at AGM, Appoints New Director

The latest announcement is out from China Tower ( (HK:0788) ).

China Tower Corporation Limited held its Annual General Meeting (AGM) on May 20, 2025, where several key resolutions were passed. The resolutions included the approval of the company’s consolidated financial statements, profit distribution, and final dividend declaration for the year ended December 31, 2024. Additionally, the re-appointment of KPMG as the international auditor and KPMG Huazhen LLP as the domestic auditor was approved. The AGM also saw the appointment of Mr. Cheng Jianjun as a non-executive director. These decisions reflect the company’s ongoing commitment to maintaining robust financial practices and enhancing its governance structure.

The most recent analyst rating on (HK:0788) stock is a Buy with a HK$1.25 price target. To see the full list of analyst forecasts on China Tower stock, see the HK:0788 Stock Forecast page.

More about China Tower

China Tower Corporation Limited is a joint stock company incorporated in the People’s Republic of China. It operates in the telecommunications infrastructure industry, primarily focusing on providing tower infrastructure services. The company plays a significant role in supporting the telecommunications sector by offering shared telecommunications towers and related services.

Average Trading Volume: 21,838,465

Technical Sentiment Signal: Buy

Current Market Cap: HK$195.2B

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