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Rizhao Port Jurong Proposes Governance Changes Amid Regulatory Updates

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Rizhao Port Jurong Proposes Governance Changes Amid Regulatory Updates

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Rizhao Port Jurong Co. Ltd. Class H ( (HK:6117) ) has shared an update.

Rizhao Port Jurong Co., Ltd. has announced proposed amendments to its Articles of Association and the abolition of its Supervisory Committee, aligning with recent changes in Chinese Company Law and regulatory requirements. These changes, which include adopting new rules for general meetings and the board of directors, aim to streamline governance by transferring the supervisory functions to an audit committee, pending shareholder approval at an extraordinary general meeting.

The most recent analyst rating on (HK:6117) stock is a Hold with a HK$1.00 price target. To see the full list of analyst forecasts on Rizhao Port Jurong Co. Ltd. Class H stock, see the HK:6117 Stock Forecast page.

More about Rizhao Port Jurong Co. Ltd. Class H

Rizhao Port Jurong Co., Ltd. is a joint stock company incorporated in the People’s Republic of China, operating in the port industry. The company focuses on port operations and related services, playing a significant role in facilitating trade and logistics in the region.

Average Trading Volume: 1,253,512

Technical Sentiment Signal: Sell

Current Market Cap: HK$1.11B

For detailed information about 6117 stock, go to TipRanks’ Stock Analysis page.

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