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Jiangxi Rimag Group Co., Ltd. Announces Governance Restructuring

Story Highlights
  • Jiangxi Rimag Group Co., Ltd. adjusts board committees and dissolves its Board of Supervisors.
  • The governance changes aim to enhance corporate governance and comply with new listing rules.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

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

Jiangxi Rimag Group Co., Ltd. has announced significant changes to its corporate governance structure, including adjustments to the composition of its board committees and the dissolution of its Board of Supervisors. These changes are in response to amendments in the Hong Kong Stock Exchange’s listing rules and aim to enhance corporate governance by transferring the supervisory board’s functions to the audit committee. The amendments to the Articles of Association will be effective upon approval by the company’s general meeting.

The most recent analyst rating on (HK:2522) stock is a Sell with a HK$14.00 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

Average Trading Volume: 9,521,282

Technical Sentiment Signal: Sell

Current Market Cap: HK$4.22B

Find detailed analytics on 2522 stock on TipRanks’ Stock Analysis page.

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