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First Tractor Co ( (HK:0038) ) has provided an update.
First Tractor Co has announced changes to its Board of Directors, with the expiration of the Ninth Session of the Board. Mr. Miao Yu, a non-executive Director, will retire and not seek re-election, while Mr. Sun Feng is proposed to join as a non-executive Director for the Tenth Session. These changes are subject to shareholder approval at the upcoming Extraordinary General Meeting (EGM), where directors’ remunerations will also be discussed. The re-election and appointment of directors, along with their remunerations, are significant as they reflect the company’s ongoing governance strategies and could impact its operational and strategic direction.
The most recent analyst rating on (HK:0038) stock is a Buy with a HK$9.00 price target. To see the full list of analyst forecasts on First Tractor Co stock, see the HK:0038 Stock Forecast page.
More about First Tractor Co
Average Trading Volume: 3,972,503
Technical Sentiment Signal: Strong Buy
Current Market Cap: HK$13.58B
For detailed information about 0038 stock, go to TipRanks’ Stock Analysis page.