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Kuaishou Technology Forms Nomination Committee to Enhance Board Governance

Story Highlights
  • Kuaishou Technology has set up a nomination committee for board candidate selection.
  • The committee will ensure compliance with laws and listing standards, meeting annually.
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Kuaishou Technology Forms Nomination Committee to Enhance Board Governance

An announcement from Kuaishou Technology Class B ( (HK:1024) ) is now available.

Kuaishou Technology has established a nomination committee to identify and recommend candidates for its board of directors. This move aims to enhance board performance evaluation and develop nomination guidelines, ensuring compliance with applicable laws and listing standards. The committee will consist mainly of independent non-executive directors, meeting at least once annually to fulfill its responsibilities.

More about Kuaishou Technology Class B

Kuaishou Technology is a company incorporated in the Cayman Islands, operating with weighted voting rights. It is listed on the Hong Kong Stock Exchange and is involved in the technology sector, focusing on social media and short video platforms.

YTD Price Performance: 42.44%

Average Trading Volume: 62,349,065

Technical Sentiment Signal: Sell

Current Market Cap: HK$255.4B

See more insights into 1024 stock on TipRanks’ Stock Analysis page.

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