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China Weaving Materials Holdings Ltd. ( (HK:3778) ) just unveiled an update.
China Weaving Materials Holdings Ltd. announced the resignation of Mr. Li Guoxing from his role as an independent non-executive director and member of the audit, nomination, and remuneration committees, effective March 26, 2025, due to other business commitments. The company expressed gratitude for Mr. Li’s contributions, and this change may impact the company’s governance structure, but Mr. Li confirmed no disagreements with the board, suggesting a smooth transition.
More about China Weaving Materials Holdings Ltd.
China Weaving Materials Holdings Ltd. is a company incorporated in the Cayman Islands, operating within the textile industry. It focuses on the production and distribution of weaving materials, serving various market segments with its textile products.
YTD Price Performance: -13.04%
Average Trading Volume: 213,000
Technical Sentiment Signal: Sell
Current Market Cap: HK$500.9M
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