Claim 50% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Jiangsu Horizon Chain Supermarket Company Limited Class H ( (HK:2625) ) just unveiled an announcement.
Jiangsu Horizon Chain Supermarket Company Limited has formalised detailed Rules of Procedure for its board of directors, setting out the board’s governance framework in line with PRC company law, Hong Kong listing rules and the company’s articles of association. The rules clarify the responsibilities of the board secretary, enumerate the board’s extensive powers over strategy, capital structure, major transactions, internal organisation, senior management appointments, profit distribution and information disclosure, and specify that the board must meet at least twice a year, with mechanisms for convening extraordinary meetings at the request of significant shareholders, directors or the audit committee. This move is aimed at strengthening standardized operations, enhancing the effectiveness and transparency of board decision-making, and providing clearer governance safeguards for shareholders and other stakeholders.
More about Jiangsu Horizon Chain Supermarket Company Limited Class H
Jiangsu Horizon Chain Supermarket Company Limited is a PRC-incorporated joint stock company operating chain supermarkets, focusing on retail distribution to consumers in China. Its H-shares are listed on the Main Board of the Hong Kong Stock Exchange, positioning it within the region’s organised retail and consumer goods sector.
Average Trading Volume: 1,397,309
Technical Sentiment Signal: Strong Buy
Current Market Cap: HK$1.18B
For detailed information about 2625 stock, go to TipRanks’ Stock Analysis page.