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Guolian Minsheng Securities Proposes Capital Increase and Amendments to Articles

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Guolian Minsheng Securities Proposes Capital Increase and Amendments to Articles

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The latest announcement is out from Guolian Securities Co., Ltd. Class H ( (HK:1456) ).

Guolian Minsheng Securities Company Limited has announced a proposed change in its registered capital following the issuance of 208,550,573 A Shares to 15 specific subscribers. This issuance has increased the company’s registered capital from RMB5,472,042,233.00 to RMB5,680,592,806.00. Consequently, the company plans to amend its Articles of Association to reflect this change. These resolutions are subject to approval at the company’s general meeting, indicating a strategic move to enhance its financial structure and market positioning.

More about Guolian Securities Co., Ltd. Class H

Guolian Minsheng Securities Company Limited is a joint stock limited company established in the People’s Republic of China. It operates within the financial services industry, focusing on securities and related financial products.

YTD Price Performance: -25.16%

Average Trading Volume: 6,300,033

Technical Sentiment Signal: Buy

Current Market Cap: HK$54.18B

See more insights into 1456 stock on TipRanks’ Stock Analysis page.

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