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Qingling Motors Co ( (HK:1122) ) has provided an announcement.
Qingling Motors Co. Ltd has announced proposed amendments to its Articles of Association, aligning with new regulations from the China Securities Regulatory Commission and changes in the PRC Company Law. These amendments include replacing the Supervisory Committee with an Audit Committee, updating corporate communication methods to electronic formats, and allowing virtual attendance at general meetings. The proposed changes aim to enhance corporate governance and comply with updated legal frameworks, impacting the company’s operational structure and shareholder engagement.
More about Qingling Motors Co
Qingling Motors Co. Ltd is a Sino-foreign joint venture joint stock limited company incorporated in the People’s Republic of China. The company is listed on the Hong Kong Stock Exchange and operates within the automotive industry, focusing on manufacturing and selling motor vehicles and related components.
Average Trading Volume: 1,245,495
Technical Sentiment Signal: Sell
Current Market Cap: HK$1.34B
For a thorough assessment of 1122 stock, go to TipRanks’ Stock Analysis page.