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Hilong Holding Ltd. ( (HK:1623) ) has provided an announcement.
Hilong Holding Limited announced that all resolutions proposed at its first extraordinary general meeting of 2026, held on 9 January, were approved by independent shareholders by way of poll, each receiving 100% of votes cast in favour. The approvals cover the renewal of several 2026 tenancy agreements, including the Beijing Huashi, Shine New Materials and Pipeline tenancy agreements, along with their respective annual caps, and authorize the board to execute all necessary documents and actions to implement these arrangements, reinforcing continuity in the group’s related-party leasing structure and providing clarity over future rental commitments for stakeholders.
The most recent analyst rating on (HK:1623) stock is a Hold with a HK$0.18 price target. To see the full list of analyst forecasts on Hilong Holding Ltd. stock, see the HK:1623 Stock Forecast page.
More about Hilong Holding Ltd.
Hilong Holding Limited is a Hong Kong-listed company incorporated in the Cayman Islands, with its shares traded on the Main Board of the Stock Exchange of Hong Kong under stock code 1623. The company operates in the energy services and equipment sector, with a focus on providing products and services to pipeline and related industrial tenants through various tenancy and leasing arrangements in mainland China.
Average Trading Volume: 1,579,008
Technical Sentiment Signal: Hold
Current Market Cap: HK$322.3M
See more insights into 1623 stock on TipRanks’ Stock Analysis page.