Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Dongfeng Motor Group Co ( (HK:0489) ) just unveiled an update.
Dongfeng Motor Group Co., Ltd. announced the successful conclusion of its Annual General Meeting (AGM) and Share Class Meetings, where all proposed resolutions were approved. The meetings were attended by shareholders representing 73.32% of the total issued shares, and the resolutions passed included the approval of the board’s report, the supervisory committee’s report, the independent auditor’s report, and the profit distribution proposal for the year ended December 31, 2024. This outcome reflects strong shareholder support and compliance with relevant legal and regulatory requirements, potentially reinforcing the company’s operational stability and investor confidence.
The most recent analyst rating on (HK:0489) stock is a Buy with a HK$6.00 price target. To see the full list of analyst forecasts on Dongfeng Motor Group Co stock, see the HK:0489 Stock Forecast page.
More about Dongfeng Motor Group Co
Dongfeng Motor Group Co., Ltd. is a joint stock company incorporated in the People’s Republic of China, primarily engaged in the automotive industry. The company focuses on the production and sales of a wide range of motor vehicles, including passenger cars and commercial vehicles, and operates within the domestic and international markets.
Average Trading Volume: 51,046,501
Technical Sentiment Signal: Sell
Current Market Cap: HK$29.54B
See more insights into 0489 stock on TipRanks’ Stock Analysis page.