Shanghai Chicmax Updates Articles of Association After RSU-Linked H-Share Issuance

The latest update is out from Shanghai Chicmax Cosmetics Co., Ltd. Class H ( (HK:2145) ).

Shanghai Chicmax Cosmetic has updated its articles of association to reflect changes in its capital structure following the completion of an issue and allotment of 21,340 H shares under its restricted share unit scheme. After this issuance, the company’s registered and total share capital stand at RMB398,128,442 and 398,128,442 shares, respectively, with the revised articles now available on both the Hong Kong stock exchange website and the company’s own site.

The amendments were made under authority previously granted at an extraordinary general meeting, indicating that the share-based incentive program is being implemented in line with shareholder approvals. This technical adjustment formalizes the enlarged share base, ensuring corporate records match the company’s current equity structure and providing clarity and transparency for investors monitoring dilution and governance changes.

The most recent analyst rating on (HK:2145) stock is a Buy with a HK$109.10 price target. To see the full list of analyst forecasts on Shanghai Chicmax Cosmetics Co., Ltd. Class H stock, see the HK:2145 Stock Forecast page.

More about Shanghai Chicmax Cosmetics Co., Ltd. Class H

Shanghai Chicmax Cosmetic Co., Ltd. is a PRC-incorporated cosmetics company listed in Hong Kong, focusing on beauty and personal care products for consumers in its core mainland China market. The company is traded under stock code 2145 and operates with a board composed of executive, employee representative and independent non-executive directors, reflecting a standard Hong Kong-listed governance structure.

Average Trading Volume: 1,195,440

Technical Sentiment Signal: Sell

Current Market Cap: HK$18.69B

For detailed information about 2145 stock, go to TipRanks’ Stock Analysis page.