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Hangzhou SF Intra-city Proposes Governance Structure Changes

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Hangzhou SF Intra-city Proposes Governance Structure Changes

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

Hangzhou SF Intra-city Industrial Co., Ltd. has announced plans to cancel its Supervisory Committee and amend its Articles of Association, transferring the committee’s responsibilities to the company’s audit committee. These proposed changes, which also include updates to the rules of procedures for both shareholders’ general meetings and the board of directors, are aimed at aligning with the latest regulatory requirements and corporate governance guidelines in China. The amendments are subject to approval by the company’s shareholders at an extraordinary general meeting.

The most recent analyst rating on (HK:9699) stock is a Buy with a HK$20.00 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 the People’s Republic of China. The company operates in the logistics and delivery industry, focusing on intra-city delivery services. It is listed on the Stock Exchange of Hong Kong Limited under the stock code 9699.

Average Trading Volume: 2,105,376

Technical Sentiment Signal: Hold

Current Market Cap: HK$10.58B

See more data about 9699 stock on TipRanks’ Stock Analysis page.

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