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IRICO Group New Energy Co. Ltd. Class H ( (HK:0438) ) has provided an update.
IRICO Group New Energy Co. Ltd. has announced proposed amendments to its Articles of Association and relevant procedural rules. These changes are in response to recent regulatory updates in China and aim to align the company’s governance structure with current laws and regulations. The amendments include abolishing the supervisory committee in favor of an audit committee, ensuring compliance with shareholder protection standards. The board believes these changes will not negatively impact shareholder protection or business operations and are in the best interest of the company and its stakeholders.
More about IRICO Group New Energy Co. Ltd. Class H
IRICO Group New Energy Co. Ltd. operates in the energy sector, focusing on new energy solutions. The company is involved in the production and development of energy products and services, with a market focus on sustainable and innovative energy technologies.
Average Trading Volume: 57,910
Technical Sentiment Signal: Hold
Current Market Cap: HK$481.4M
See more insights into 0438 stock on TipRanks’ Stock Analysis page.