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Hanhua Financial Clarifies Director Election Process

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Hanhua Financial Clarifies Director Election Process

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Hanhua Financial Holding Co., Ltd. Class H ( (HK:3903) ) has issued an announcement.

Hanhua Financial Holding Co., Ltd. has issued a clarification announcement regarding the election of directors through a cumulative voting system. The company has proposed two resolutions, Resolution 4 and Resolution 6, concerning the method of electing directors. Resolution 4 focuses on electing non-independent directors, while Resolution 6 proposes the election of all directors, both independent and non-independent, through the cumulative voting system. If both resolutions are approved, the company will convene further meetings to resolve the matter until only one resolution is passed, ensuring compliance with applicable laws and the Articles of Association.

More about Hanhua Financial Holding Co., Ltd. Class H

Hanhua Financial Holding Co., Ltd. is a joint stock limited liability company incorporated in the People’s Republic of China. The company operates within the financial services industry, focusing on providing a range of financial solutions and services.

Technical Sentiment Signal: Sell

Current Market Cap: HK$772.8M

See more data about 3903 stock on TipRanks’ Stock Analysis page.

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