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Luzhou Bank Co., Ltd. Class H ( (HK:1983) ) just unveiled an update.
Luzhou Bank Co., Ltd. has announced a series of proposed changes to its corporate governance structure, including the abolishment of its Board of Supervisors. This move aligns with regulatory requirements and aims to transfer the supervisory powers to the audit committee of the Board, enhancing the bank’s governance framework. Additionally, amendments to the Articles of Association and the rules of procedure for the shareholders’ general meeting are proposed to optimize corporate governance and comply with new regulations. These changes are subject to approval by the shareholders and relevant regulatory authorities, indicating a strategic shift in the bank’s governance approach.
More about Luzhou Bank Co., Ltd. Class H
Luzhou Bank Co., Ltd. is a joint stock company incorporated in the People’s Republic of China, operating within the financial services industry. The company focuses on providing banking services and is publicly listed on the Stock Exchange of Hong Kong.
Average Trading Volume: 121,671
Technical Sentiment Signal: Buy
Current Market Cap: HK$7.07B
Find detailed analytics on 1983 stock on TipRanks’ Stock Analysis page.