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Huitongda Network Co., Ltd. Class H ( (HK:9878) ) has issued an update.
Huitongda Network Co., Ltd. has convened its 2025 annual general meeting for May 22, 2026, in Nanjing, where shareholders will review the board’s and independent directors’ 2025 work reports, the final accounts, and the proposed 2026 financial budget. The agenda also includes voting on the 2025 profit distribution plan and the company’s 2026 development and investment blueprint, both of which will shape capital allocation and strategic priorities for the coming year.
Shareholders will additionally decide on the proposed election of Mr. Wang Hao as a non-executive director, the renewal of bank credit lines, provision of guarantees, and the use of idle self-owned funds for wealth management products in 2026. The meeting will further consider the re-appointment of the auditor and special resolutions to grant the board general mandates to issue and repurchase H shares, potentially enhancing the company’s financing flexibility and capital management options.
More about Huitongda Network Co., Ltd. Class H
Huitongda Network Co., Ltd. is a joint stock company incorporated in the People’s Republic of China and listed in Hong Kong as a Class H share issuer. Operating within the broader technology and commerce ecosystem, it focuses on network-enabled services and platforms, with its operations and governance centered in Nanjing, Jiangsu Province, in the mainland Chinese market.
Average Trading Volume: 247,966
Technical Sentiment Signal: Sell
Current Market Cap: HK$4.1B
For detailed information about 9878 stock, go to TipRanks’ Stock Analysis page.