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Futong Technology Addresses Non-Disclosure of CEO Emoluments

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Futong Technology Addresses Non-Disclosure of CEO Emoluments

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Futong Technology Development Holdings Ltd. ( (HK:0465) ) has shared an update.

Futong Technology Development Holdings Ltd. has issued a supplemental announcement regarding the emoluments of its former CEO, Mr. Zhao Wei, which were not disclosed in the annual reports from 2017 to 2024, constituting a breach of the Listing Rules. The company acknowledges this oversight as inadvertent and has outlined remedial measures to prevent future non-compliance, including enhanced training and strengthened internal controls for financial disclosure.

The most recent analyst rating on (HK:0465) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on Futong Technology Development Holdings Ltd. stock, see the HK:0465 Stock Forecast page.

More about Futong Technology Development Holdings Ltd.

Futong Technology Development Holdings Ltd. is a company incorporated in the Cayman Islands, operating within the technology sector. It focuses on providing technological solutions and services, although specific details about its primary products or market focus are not provided in the announcement.

Average Trading Volume: 102,421

Technical Sentiment Signal: Buy

Current Market Cap: HK$112M

Find detailed analytics on 0465 stock on TipRanks’ Stock Analysis page.

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