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An update from Huaxin Cement Co., Ltd. Class H ( (HK:6655) ) is now available.
Huaxin Building Materials Group Co., Ltd. has announced the cancellation of its Board of Supervisors, with the responsibilities being transferred to the Board of Directors’ Audit Committee. This decision aligns with the Company Law of China and other relevant regulations, aiming to streamline governance. The company also plans to amend its Articles of Association to reflect these changes, subject to approval at an extraordinary general meeting. This move is expected to enhance operational efficiency and governance structure, potentially impacting stakeholders by altering oversight mechanisms.
The most recent analyst rating on (HK:6655) stock is a Buy with a HK$20.50 price target. To see the full list of analyst forecasts on Huaxin Cement Co., Ltd. Class H stock, see the HK:6655 Stock Forecast page.
More about Huaxin Cement Co., Ltd. Class H
Huaxin Building Materials Group Co., Ltd. is a joint stock limited company incorporated in China, operating in the building materials industry. The company is primarily focused on the production and distribution of cement and other building materials, serving both domestic and international markets.
Average Trading Volume: 5,837,151
Technical Sentiment Signal: Buy
Current Market Cap: HK$45.67B
See more data about 6655 stock on TipRanks’ Stock Analysis page.