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Hangzhou SF Intra-city Proposes Board Changes Amid Investigation

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Hangzhou SF Intra-city Proposes Board Changes Amid Investigation

Elevate Your Investing Strategy:

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

Hangzhou SF Intra-city Industrial Co., Ltd. has announced a proposal from Taobao China Holding Limited, a shareholder holding 5% of the company’s shares, to remove Mr. Han Liu as a non-executive director due to his involvement in an investigation related to suspected occupational crimes. The proposal also includes the election of Mr. Lei Yanqun as a new non-executive director. The board believes that these changes will not adversely affect the company’s operations or its relationship with the proposing shareholder.

The most recent analyst rating on (HK:9699) stock is a Buy with a HK$12.80 price target. To see the full list of analyst forecasts on Hangzhou SF Intra-city Industrial Co., Ltd. Class H stock, see the HK:9699 Stock Forecast page.

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 China, operating within the logistics and delivery industry. The company focuses on providing intra-city delivery services, leveraging its network to cater to the growing demand for efficient and timely logistics solutions.

Average Trading Volume: 7,703,913

Technical Sentiment Signal: Buy

Current Market Cap: HK$17.38B

Find detailed analytics on 9699 stock on TipRanks’ Stock Analysis page.

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