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Lygend Resources & Technology Co., Ltd. Approves Key Resolutions and IPO Plans

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Lygend Resources & Technology Co., Ltd. Approves Key Resolutions and IPO Plans

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Lygend Resources & Technology Co., Ltd. Class H ( (HK:2245) ) has shared an update.

Lygend Resources & Technology Co., Ltd. held an Extraordinary General Meeting where shareholders approved several key resolutions, including the cancellation of the Board of Supervisors, amendments to the Articles of Association, and the election of an employee representative director. The meeting also saw unanimous approval for the company’s plans to initiate an initial public offering (IPO) and list its A Shares on the Main Board, with the authorization granted to the Board to manage the IPO-related matters. This strategic move is expected to enhance the company’s market presence and financial capabilities, potentially impacting its industry positioning and stakeholder interests positively.

More about Lygend Resources & Technology Co., Ltd. Class H

Lygend Resources & Technology Co., Ltd. is a joint stock company incorporated in the People’s Republic of China, operating in the resources and technology sector. The company is involved in the development and management of resources, with a focus on technological advancements in these areas.

Average Trading Volume: 200,596

Technical Sentiment Signal: Strong Buy

Current Market Cap: HK$16.09B

Learn more about 2245 stock on TipRanks’ Stock Analysis page.

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