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Dongguan Rural Commercial Bank Co Ltd Class H ( (HK:9889) ) has provided an update.
Dongguan Rural Commercial Bank Co., Ltd. has convened its first extraordinary general meeting of 2026 for January 8 in Dongguan, where shareholders will vote on a broad package of corporate governance and organizational changes. The agenda includes dissolving the board of supervisors, revising the working rules for independent directors and the remuneration system for directors and supervisors, appointing four new independent non-executive directors to the fifth board, adjusting 2025 caps for related-party transactions and recurring related-party dealings involving directors, supervisors and senior management, and amending the bank’s articles of association, procedural rules for the shareholders’ meeting and board, and the authorization framework from shareholders to the board. The resolutions, if approved, will reshape oversight structures, update governance documentation and refine controls over connected transactions, signaling an effort to tighten governance and board accountability as the lender heads into 2025 and beyond.
The most recent analyst rating on (HK:9889) stock is a Hold with a HK$4.00 price target. To see the full list of analyst forecasts on Dongguan Rural Commercial Bank Co Ltd Class H stock, see the HK:9889 Stock Forecast page.
More about Dongguan Rural Commercial Bank Co Ltd Class H
Dongguan Rural Commercial Bank Co., Ltd. is a joint stock commercial bank incorporated in the People’s Republic of China and headquartered in Dongguan, Guangdong Province. The bank focuses on providing banking and financial services in the mainland Chinese market and is listed in Hong Kong, though it is not authorized to conduct banking or deposit-taking business in Hong Kong and is not supervised by the Hong Kong Monetary Authority.
Average Trading Volume: 312,503
Technical Sentiment Signal: Strong Sell
Current Market Cap: HK$23.63B
See more data about 9889 stock on TipRanks’ Stock Analysis page.