Chongqing Machinery & Electric Co. Ltd. Class H (HK:2722) has released an update.
Chongqing Machinery & Electric Co. Ltd. has announced the election of Qin Shaobo as a new executive director following the retirement of Yang Quan. Additionally, the company is proceeding with the absorption and merger of two subsidiaries, alongside proposing amendments to its articles of association. These strategic changes signal Chongqing Machinery & Electric’s focus on strengthening its operational structure and governance.
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