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Beijing Fourth Paradigm Technology Co. Ltd. Class H ( (HK:6682) ) just unveiled an update.
Phancy Group Co., Ltd. has proposed changing its official Chinese name, while retaining its English name, and will amend its articles of association accordingly, subject to shareholder approval at an upcoming extraordinary general meeting. The company also plans to adopt new working procedures for its independent non-executive directors and revise the rules of procedure for board meetings after abolishing its supervisory committee, signaling a shift toward strengthened board-centric corporate governance and potentially tighter oversight and clearer responsibilities for independent directors; details of these changes will be outlined in a forthcoming circular with the notice of the EGM.
The most recent analyst rating on (HK:6682) stock is a Hold with a HK$45.00 price target. To see the full list of analyst forecasts on Beijing Fourth Paradigm Technology Co. Ltd. Class H stock, see the HK:6682 Stock Forecast page.
More about Beijing Fourth Paradigm Technology Co. Ltd. Class H
Phancy Group Co., Ltd., formerly known as Beijing Fourth Paradigm Technology Co., Ltd., is a joint stock company incorporated in the People’s Republic of China and listed in Hong Kong under stock code 6682. The company operates in the technology sector, and its governance structure includes executive, non-executive, independent non-executive and employee representative directors, reflecting a listed-company framework focused on formal board and oversight mechanisms.
Average Trading Volume: 5,007,316
Technical Sentiment Signal: Buy
Current Market Cap: HK$25.81B
Learn more about 6682 stock on TipRanks’ Stock Analysis page.