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Jenscare Scientific Announces Key Corporate Changes and Proposes Fund Reallocation

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Jenscare Scientific Announces Key Corporate Changes and Proposes Fund Reallocation

An update from Jenscare Scientific Co. Ltd. Class H ( (HK:9877) ) is now available.

Jenscare Scientific Co., Ltd. announced several changes in its corporate structure, including the re-composition of its Nomination Committee to enhance corporate governance and meet new gender diversity requirements. Additionally, there are changes in key personnel roles, with Mr. LV Shiwen being re-designated from an executive to a non-executive director, and Mr. LI Yuanyuan appointed as an Authorized Representative. The company also proposes a change in the use of net proceeds from its global offering, with a significant portion of funds still unutilized, pending shareholder approval.

More about Jenscare Scientific Co. Ltd. Class H

Jenscare Scientific Co., Ltd. is a joint stock company incorporated in the People’s Republic of China, operating within the scientific industry. The company is listed on the Hong Kong Stock Exchange and focuses on providing innovative scientific solutions, although specific products or services are not detailed in the announcement.

YTD Price Performance: 29.66%

Average Trading Volume: 207,010

Technical Sentiment Consensus Rating: Hold

Current Market Cap: HK$2.47B

Learn more about 9877 stock on TipRanks’ Stock Analysis page.

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Questions or Comments about the article? Write to editor@tipranks.com
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