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Midea Group Announces 2025 EGM to Address Key Resolutions

Story Highlights
  • Midea Group plans to repurchase and cancel restricted shares under incentive schemes.
  • The company will discuss debt issuance, guarantees, and profit distribution at the EGM.
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Midea Group Announces 2025 EGM to Address Key Resolutions

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Midea Group Co. Ltd. Class H ( (HK:0300) ) has shared an announcement.

Midea Group Co., Ltd. has announced the convening of its 2025 second extraordinary general meeting (EGM) to discuss and approve several key resolutions. These include the repurchase and cancellation of restricted shares under various incentive schemes, the issuance of debt financing instruments, provision of guarantees for subsidiaries, amendments to the Articles of Association, and an interim profit distribution proposal for 2025. These resolutions are aimed at enhancing corporate governance, optimizing capital structure, and ensuring financial stability, which could have significant implications for shareholders and the company’s strategic positioning in the market.

The most recent analyst rating on (HK:0300) stock is a Buy with a HK$99.00 price target. To see the full list of analyst forecasts on Midea Group Co. Ltd. Class H stock, see the HK:0300 Stock Forecast page.

More about Midea Group Co. Ltd. Class H

Midea Group Co., Ltd. is a leading Chinese company in the home appliances and HVAC (heating, ventilation, and air conditioning) industry. It offers a wide range of products including air conditioners, refrigerators, washing machines, and kitchen appliances, focusing on both domestic and international markets.

Average Trading Volume: 4,479,292

Technical Sentiment Signal: Strong Buy

Current Market Cap: HK$634B

Find detailed analytics on 0300 stock on TipRanks’ Stock Analysis page.

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