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Onewo, Inc. Class H ( (HK:2602) ) just unveiled an announcement.
Onewo Inc., a joint stock company incorporated in China, is proposing changes to its registered capital and amendments to its Articles of Association. The company plans to cancel 3,512,200 repurchased H shares, reducing its registered capital by RMB3,512,200. Additionally, Onewo intends to amend its Articles of Association to abolish the supervisory committee, with its functions transferred to the audit committee, and establish the role of employee representative director. These changes are aimed at improving corporate governance and aligning with new regulatory requirements. The amendments are subject to shareholder approval at the upcoming annual general meeting.
More about Onewo, Inc. Class H
YTD Price Performance: 6.36%
Average Trading Volume: 1,820,453
Technical Sentiment Signal: Sell
Current Market Cap: HK$25.48B
For a thorough assessment of 2602 stock, go to TipRanks’ Stock Analysis page.