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Huitongda Network Co., Ltd. Class H ( (HK:9878) ) has issued an update.
Huitongda Network Co., Ltd., a joint stock company incorporated in the People’s Republic of China, has announced a significant corporate governance change. The company plans to abolish its Board of Supervisors, transferring its statutory powers and functions to the audit committee under the Board of Directors. This move, which requires shareholder approval at the upcoming general meeting, aims to streamline operations in accordance with the latest legal provisions and the company’s current situation. The changes will be effective upon approval, with existing regulations related to the Board of Supervisors being repealed.
The most recent analyst rating on (HK:9878) stock is a Hold with a HK$13.50 price target. To see the full list of analyst forecasts on Huitongda Network Co., Ltd. Class H stock, see the HK:9878 Stock Forecast page.
More about Huitongda Network Co., Ltd. Class H
Average Trading Volume: 1,926,665
Technical Sentiment Signal: Sell
Current Market Cap: HK$6.83B
See more data about 9878 stock on TipRanks’ Stock Analysis page.