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KangLi International Holdings Limited ( (HK:6890) ) just unveiled an announcement.
KangLi International Holdings Limited announced that shareholders approved, by poll, an ordinary resolution at its extraordinary general meeting on 23 March 2026, endorsing a loan agreement dated 27 February 2026 between its wholly owned unit Jiangsu Jiangnan Precision Metal Material Co., Limited, Jiangsu Jiangnan Tiehejin Co., Limited and individual lender Mr. Mei Zefeng. Despite a large block of shares controlled by Mr. Mei and Ms. Liu Ping being mistakenly voted in favour and subsequently disregarded, the resolution still passed with 41,100 valid votes cast for it, authorising the board to implement all actions and documentation related to the loan arrangement and signalling continued support from independent shareholders for the company’s financing structure and governance processes.
The most recent analyst rating on (HK:6890) stock is a Buy with a HK$0.47 price target. To see the full list of analyst forecasts on KangLi International Holdings Limited stock, see the HK:6890 Stock Forecast page.
More about KangLi International Holdings Limited
KangLi International Holdings Limited, incorporated in the Cayman Islands and listed in Hong Kong, operates through subsidiaries including Jiangsu Jiangnan Precision Metal Material Co., Limited. The group is involved in precision metal materials and related products, positioning it within the broader metal materials and manufacturing supply chain in mainland China.
Average Trading Volume: 47,200
Technical Sentiment Signal: Buy
Current Market Cap: HK$239.5M
See more data about 6890 stock on TipRanks’ Stock Analysis page.