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Leadership Reshuffle at Wenling Zhejiang Measuring & Cutting Tools

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Leadership Reshuffle at Wenling Zhejiang Measuring & Cutting Tools

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The latest announcement is out from Wenling Zhejiang Measuring & Cutting Tools Trading Centre Company Limited Class H ( (HK:1379) ).

Wenling Zhejiang Measuring & Cutting Tools Trading Centre Company Limited announced the resignation of Mr. Pan Haihong from his roles as executive director, chairman, and chief executive officer, effective April 14, 2025. This resignation has led to a temporary non-compliance with the Hong Kong Stock Exchange’s listing rules, as the company now lacks the required number of authorized representatives. The company is actively seeking suitable candidates to fill these vacancies to restore compliance. Additionally, due to Mr. Pan’s resignation, a resolution regarding his re-election will be withdrawn from the upcoming annual general meeting agenda, while all other resolutions remain unchanged.

More about Wenling Zhejiang Measuring & Cutting Tools Trading Centre Company Limited Class H

Wenling Zhejiang Measuring & Cutting Tools Trading Centre Company Limited is a joint stock company incorporated in the People’s Republic of China, focusing on the trading of measuring and cutting tools. The company operates within the industrial tools sector and is listed on the Hong Kong Stock Exchange.

YTD Price Performance: 14.35%

Average Trading Volume: 14,850

Technical Sentiment Signal: Buy

Current Market Cap: HK$166.4M

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