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Chongqing Hongjiu Fruit Faces Board Reshuffle and Compliance Challenge

Story Highlights
  • Chongqing Hongjiu Fruit Co. announced the resignation of three independent directors.
  • The company is non-compliant with listing rules and seeks new directors to fill vacancies.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Chongqing Hongjiu Fruit Faces Board Reshuffle and Compliance Challenge

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Chongqing Hongjiu Fruit Co. Ltd. Class H ( (HK:6689) ) has issued an update.

Chongqing Hongjiu Fruit Co., Ltd. announced the resignation of three independent non-executive directors, which has led to a non-compliance with Hong Kong Stock Exchange listing rules due to the absence of independent directors on its board and committees. The company is actively seeking suitable candidates to fill these vacancies to restore compliance within three months, as required by the listing rules.

More about Chongqing Hongjiu Fruit Co. Ltd. Class H

Chongqing Hongjiu Fruit Co., Ltd. is a joint stock company based in China, primarily involved in the fruit industry. It focuses on the production and distribution of various fruit products, catering to both domestic and international markets.

Technical Sentiment Signal: Sell

Current Market Cap: HK$2.79B

Find detailed analytics on 6689 stock on TipRanks’ Stock Analysis page.

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