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Flat Glass Group Restructures Board and Cancels Supervisory Committee

Story Highlights
  • Flat Glass Group cancels its Supervisory Committee, transferring duties to the audit committee.
  • Ms. Niu Liping is elected as an employee director, expanding the Board to nine members.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Flat Glass Group Restructures Board and Cancels Supervisory Committee

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Flat Glass Group Co ( (HK:6865) ) has provided an update.

Flat Glass Group Co., Ltd. announced the cancellation of its Supervisory Committee following shareholder approval of proposed amendments to its Articles of Association. The responsibilities of the Supervisory Committee will now be managed by the Board’s audit committee. Additionally, the company has elected Ms. Niu Liping as an employee director to the seventh session of the Board, increasing the Board’s size from eight to nine directors. This move aims to enhance employee participation in decision-making and safeguard their interests.

The most recent analyst rating on (HK:6865) stock is a Hold with a HK$11.00 price target. To see the full list of analyst forecasts on Flat Glass Group Co stock, see the HK:6865 Stock Forecast page.

More about Flat Glass Group Co

Flat Glass Group Co., Ltd. is a joint stock company incorporated in the People’s Republic of China, primarily involved in the glass manufacturing industry. The company focuses on producing flat glass products and operates within a competitive market, catering to various sectors requiring glass materials.

Average Trading Volume: 6,979,415

Technical Sentiment Signal: Strong Sell

Current Market Cap: HK$37.34B

Find detailed analytics on 6865 stock on TipRanks’ Stock Analysis page.

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