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Diwang Industrial Holdings Releases Supplemental Announcement on Annual Report

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Diwang Industrial Holdings Releases Supplemental Announcement on Annual Report

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Diwang Industrial Holdings Limited ( (HK:1950) ) has shared an update.

Diwang Industrial Holdings Limited has issued a supplemental announcement to its annual report for the year ended December 31, 2024, providing additional details on its continuing connected transactions and share option scheme. The independent non-executive directors have confirmed that these transactions were conducted in the ordinary course of business, on normal commercial terms, and in the interests of shareholders. The company’s auditor has also reviewed these transactions and found no issues. Additionally, the share option scheme remains unchanged, with 20 million shares available for grant as of the end of 2023 and 2024.

The most recent analyst rating on (HK:1950) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on Diwang Industrial Holdings Limited stock, see the HK:1950 Stock Forecast page.

More about Diwang Industrial Holdings Limited

Diwang Industrial Holdings Limited is a company incorporated in the Cayman Islands, operating with limited liability. The company, along with its subsidiaries, is involved in various industrial sectors, though specific industries and market focus are not detailed in the announcement.

Average Trading Volume: 2,894,987

Technical Sentiment Signal: Hold

Current Market Cap: HK$154.8M

See more data about 1950 stock on TipRanks’ Stock Analysis page.

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