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Jiangsu Horizon Chain Supermarket Company Limited Class H ( (HK:2625) ) has shared an announcement.
Jiangsu Horizon Chain Supermarket Company Limited has issued formal Rules of Procedure for its shareholders’ meetings, setting out how annual and extraordinary meetings are convened, organized and validated in line with PRC Company Law, other regulations and its Articles of Association. The rules clarify timelines for holding regular and extraordinary meetings, require engagement of legal counsel to opine on the legality of meeting procedures and voting outcomes, and strengthen governance by granting independent non-executive directors and the Audit Committee explicit rights to propose and, in certain circumstances, themselves convene and preside over extraordinary shareholders’ meetings when the board fails to act, thereby enhancing shareholder rights protection and corporate oversight.
More about Jiangsu Horizon Chain Supermarket Company Limited Class H
Jiangsu Horizon Chain Supermarket Company Limited is a PRC-incorporated joint stock company operating a chain supermarket business, focusing on retailing consumer goods through its store network. The company is listed on a stock exchange under stock code 2625, positioning it within China’s organized retail and supermarket sector.
Average Trading Volume: 1,397,309
Technical Sentiment Signal: Strong Buy
Current Market Cap: HK$1.18B
See more insights into 2625 stock on TipRanks’ Stock Analysis page.