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JL MAG Rare-Earth Co., Ltd. Announces 2024 AGM with Key Resolutions

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JL MAG Rare-Earth Co., Ltd. Announces 2024 AGM with Key Resolutions

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The latest announcement is out from JL MAG Rare-Earth Co., Ltd. Class H ( (HK:6680) ).

JL MAG Rare-Earth Co., Ltd. has announced its 2024 Annual General Meeting to be held on May 28, 2025, in Ganzhou City, Jiangxi Province. The meeting will address several resolutions, including the approval of the 2024 financial statements, profit distribution plan, and engagement of auditors for 2025. Additionally, the AGM will consider employee stock ownership plans, liability insurance for management, and changes in the use of net proceeds from the Global Offering. Special resolutions will focus on credit facilities, share schemes, registered capital changes, and mandates for share issuance and repurchase, indicating the company’s strategic focus on financial structuring and shareholder value enhancement.

More about JL MAG Rare-Earth Co., Ltd. Class H

JL MAG Rare-Earth Co., Ltd. is a joint stock limited company incorporated in the People’s Republic of China, focusing on the rare-earth industry. The company is involved in the production and distribution of rare-earth materials, which are crucial for various high-tech applications and industries.

Average Trading Volume: 14,739,241

Technical Sentiment Signal: Buy

Current Market Cap: HK$30.44B

See more data about 6680 stock on TipRanks’ Stock Analysis page.

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