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Ruicheng Media Group Secures Shareholder Approval for Strategic Changes

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Ruicheng Media Group Secures Shareholder Approval for Strategic Changes

Confident Investing Starts Here:

Ruicheng (China) Media Group Limited ( (HK:1640) ) has provided an announcement.

Ruicheng (China) Media Group Limited announced the successful passing of both the ordinary and special resolutions during their Extraordinary General Meeting held on January 27, 2025. The resolutions included the approval of the Placing Agreement and a proposed change of the company’s name. The unanimous support for these resolutions indicates a strong backing from shareholders, which may positively impact the company’s strategic direction and market presence.

More about Ruicheng (China) Media Group Limited

Ruicheng (China) Media Group Limited operates within the media industry, providing various media-related services. The company is incorporated in the Cayman Islands and is listed on the Hong Kong Stock Exchange.

YTD Price Performance: 20.53%

Average Trading Volume: 913,741

Technical Sentiment Consensus Rating: Sell

Current Market Cap: HK$2.04B

See more data about 1640 stock on TipRanks’ Stock Analysis page.

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