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Hangzhou SF Intra-city Announces AGM and Share Issuance Mandate

Story Highlights
  • Hangzhou SF Intra-city will hold its AGM on June 20, 2025, to discuss key financial resolutions.
  • The company seeks approval for a mandate to issue new shares and resell treasury shares, enhancing capital flexibility.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Hangzhou SF Intra-city Announces AGM and Share Issuance Mandate

Confident Investing Starts Here:

Hangzhou SF Intra-city Industrial Co., Ltd. Class H ( (HK:9699) ) just unveiled an update.

Hangzhou SF Intra-city Industrial Co., Ltd. has announced its Annual General Meeting to be held via telecommunication on June 20, 2025. Key resolutions include the approval of the 2024 financial statements, a recommendation against a final dividend for 2024, and a mandate for a 2025 interim dividend. Additionally, a special resolution will be considered to grant the Board a mandate to issue new shares and/or resell treasury shares, not exceeding 20% of the total shares in issue, subject to regulatory approvals. This move could potentially enhance the company’s capital flexibility and market positioning.

More about Hangzhou SF Intra-city Industrial Co., Ltd. Class H

Hangzhou SF Intra-city Industrial Co., Ltd. is a joint stock company incorporated in the People’s Republic of China, operating in the logistics and transportation industry. The company is focused on providing intra-city delivery services, catering to both domestic and international markets.

YTD Price Performance: -12.70%

Average Trading Volume: 642,287

Technical Sentiment Signal: Buy

Current Market Cap: HK$7.44B

For detailed information about 9699 stock, go to TipRanks’ Stock Analysis page.

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