Onewo Inc. Announces Board Reshuffle with New Director Nominations

Onewo, Inc. Class H ( (HK:2602) ) just unveiled an update.

Onewo Inc. has announced significant changes in its board composition, with the resignation of two non-executive directors, Mr. Zhang Xu and Mr. Wang Wenjin, due to changes in their positions. Their departure will not impact the company’s operations, but it does reduce the audit committee’s membership below the required minimum. To address this, the company has proposed the appointment of Ms. Hua Cui and Ms. Zhu Xu as new non-executive directors, pending shareholder approval. These changes are part of the company’s efforts to maintain compliance and ensure effective governance.

More about Onewo, Inc. Class H

Onewo Inc. is a joint stock company incorporated in the People’s Republic of China, operating within the broader context of the Chinese market. The company is involved in various sectors, with a focus on real estate and property management, as indicated by its connection to China Vanke Co., Ltd., a major player in the real estate industry.

YTD Price Performance: 12.96%

Average Trading Volume: 2,532,672

Technical Sentiment Signal: Sell

Current Market Cap: HK$27.06B

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