Mao Geping Cosmetics Moves to Update Articles After Full H-Share Conversion

Mao Geping Cosmetics Co., Ltd. Class H ( (HK:1318) ) has provided an update.

Mao Geping Cosmetics Co., Ltd. has completed the full conversion of 228,344,600 domestic shares into H shares, resulting in a total issued share capital of 490,186,900 shares, all designated as H shares listed in Hong Kong. In response to this shift and recent regulatory updates in China, the company plans to amend its Articles of Association, subject to shareholder approval by special resolution at the 2025 annual general meeting, with the full revised text and related circular to be published on its and the exchange’s websites once effective.

The proposed amendments will align the company’s governance framework with the latest Company Law of the People’s Republic of China and updated guidelines for listed companies, potentially strengthening regulatory compliance and transparency for investors. Until shareholders approve the changes, the existing Articles of Association will remain in force, and stakeholders will be able to review the detailed amendments when the forthcoming AGM circular is released online.

The most recent analyst rating on (HK:1318) stock is a Buy with a HK$105.00 price target. To see the full list of analyst forecasts on Mao Geping Cosmetics Co., Ltd. Class H stock, see the HK:1318 Stock Forecast page.

More about Mao Geping Cosmetics Co., Ltd. Class H

Mao Geping Cosmetics Co., Ltd. is a Chinese cosmetics company listed in Hong Kong, operating as a joint stock company with limited liability. It focuses on the beauty and skincare market and has all of its 490,186,900 issued shares structured as H shares traded on the Stock Exchange of Hong Kong.

Average Trading Volume: 1,840,905

Technical Sentiment Signal: Sell

Current Market Cap: HK$54.07B

For an in-depth examination of 1318 stock, go to TipRanks’ Overview page.