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Fuyao Glass Industry Group Co., Ltd. Class H ( (HK:3606) ) has issued an update.
Fuyao Glass Industry Group Co., Ltd. has announced proposed amendments to its Articles of Association, which have been resolved by the board of directors. These amendments are aligned with the latest regulatory guidelines issued by the China Securities Regulatory Commission and the Shanghai Stock Exchange, and are intended to meet the company’s actual business needs. A significant change includes the removal of the Board of Supervisors, with its functions being transferred to the Audit Committee of the Board of Directors. These changes are pending approval at the upcoming extraordinary general meeting, and are expected to streamline the company’s governance structure.
The most recent analyst rating on (HK:3606) stock is a Buy with a HK$65.00 price target. To see the full list of analyst forecasts on Fuyao Glass Industry Group Co., Ltd. Class H stock, see the HK:3606 Stock Forecast page.
More about Fuyao Glass Industry Group Co., Ltd. Class H
Fuyao Glass Industry Group Co., Ltd. is a company incorporated in the People’s Republic of China, primarily engaged in the production and distribution of automotive and industrial glass. The company focuses on providing high-quality glass products to the automotive industry, serving a global market with a strong presence in China.
Average Trading Volume: 2,187,380
Technical Sentiment Signal: Buy
Current Market Cap: HK$155.7B
See more data about 3606 stock on TipRanks’ Stock Analysis page.