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Deewin Tianxia Co., Ltd Proposes Governance Restructuring

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Deewin Tianxia Co., Ltd Proposes Governance Restructuring

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The latest update is out from Deewin Tianxia Co. Ltd Class H ( (HK:2418) ).

Deewin Tianxia Co., Ltd announced plans to abolish its Supervisory Committee and dismiss non-employee representative supervisors, aligning with the New Company Law in China. The company intends to amend its Articles of Association and procedural rules for general and board meetings, transferring supervisory duties to an Audit Committee. These changes aim to streamline governance and comply with updated legal guidelines, pending shareholder approval at the upcoming annual general meeting.

More about Deewin Tianxia Co. Ltd Class H

Deewin Tianxia Co., Ltd is a joint stock company incorporated in the People’s Republic of China. The company operates within the framework of the Hong Kong Stock Exchange and is involved in various business activities, although specific products or services are not detailed in the announcement.

YTD Price Performance: 36.51%

Average Trading Volume: 379,576

Technical Sentiment Signal: Sell

Current Market Cap: HK$950.2M

See more insights into 2418 stock on TipRanks’ Stock Analysis page.

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