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Jiangxi Rimag Group Announces Capital and Share Structure Amendments

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Jiangxi Rimag Group Co., Ltd. Class H ( (HK:2522) ) has shared an announcement.

Jiangxi Rimag Group Co., Ltd. has announced amendments to its Articles of Association following the completion of placing 35,000,000 new H Shares under a General Mandate. This move has increased the company’s registered capital from RMB366,061,832 to RMB401,061,832, and the total number of issued shares from 366,061,832 to 401,061,832. The amendments, approved by the shareholders at the AGM, reflect these changes and have been filed with the relevant regulatory authorities, marking a significant step in the company’s strategic capital restructuring.

The most recent analyst rating on (HK:2522) stock is a Buy with a HK$52.39 price target. To see the full list of analyst forecasts on Jiangxi Rimag Group Co., Ltd. Class H stock, see the HK:2522 Stock Forecast page.

More about Jiangxi Rimag Group Co., Ltd. Class H

Jiangxi Rimag Group Co., Ltd. is a joint stock company incorporated in China, focusing on the issuance and management of shares, with a significant presence in the stock market.

Average Trading Volume: 22,192,187

Technical Sentiment Signal: Sell

For a thorough assessment of 2522 stock, go to TipRanks’ Stock Analysis page.

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