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Lygend Resources & Technology Co., Ltd. Class H ( (HK:2245) ) has issued an announcement.
Lygend Resources & Technology Co., Ltd. announced the poll results of its extraordinary general meeting held on 19 December 2025 in Ningbo, confirming that all proposed ordinary resolutions related to historical related-party transactions were duly passed. After required abstentions by certain interested shareholders, independent shareholders approved, by 100% of votes cast, the ratification of related-party transactions with Lygend Investment for financial years 2022–2024 and the first half of 2025, and by about 80% of votes cast approved the related-party transactions with an Indonesian Partner for the same periods, with no votes against; all directors attended, and an external registrar and the company’s financial controller oversaw the vote counting. The outcome reinforces the company’s corporate governance processes around connected transactions, provides formal shareholder endorsement of significant dealings with key affiliates and overseas partners, and may help support regulatory compliance and investor confidence in its ongoing operations and partnership structures.
The most recent analyst rating on (HK:2245) stock is a Hold with a HK$20.50 price target. To see the full list of analyst forecasts on Lygend Resources & Technology Co., Ltd. Class H stock, see the HK:2245 Stock Forecast page.
More about Lygend Resources & Technology Co., Ltd. Class H
Lygend Resources & Technology Co., Ltd. is a Chinese company listed in Hong Kong, operating in the resources and technology sector, with its share capital split between H shares and unlisted shares and a shareholder base that includes various investment entities and individual founders. The company is subject to PRC company law and Hong Kong listing rules, reflecting a focus on regulated capital market operations and governance in the broader mining and resources value chain.
Average Trading Volume: 8,466,188
Technical Sentiment Signal: Buy
Current Market Cap: HK$25.64B
See more data about 2245 stock on TipRanks’ Stock Analysis page.