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Shanghai Forest Cabin Cosmetics Group Co., Ltd. Class H ( (HK:2657) ) has shared an announcement.
Shanghai Forest Cabin Cosmetics Group Co., Ltd. reported that its extraordinary general meeting on April 10, 2026, in Shanghai was duly convened in compliance with PRC company law and its articles of association. Shareholders holding about 76.5% of the company’s issued share capital attended in person or by proxy, and all directors participated either on-site or via electronic means.
Investors overwhelmingly approved the adoption of a new Share Award Scheme and authorized the board and its representatives to handle all related matters. The special resolutions were passed by more than two-thirds of votes cast, signaling strong shareholder support for equity-based incentives that could enhance talent retention, align management and investor interests, and potentially strengthen the company’s long-term competitiveness in the cosmetics industry.
The most recent analyst rating on (HK:2657) stock is a Buy with a HK$104.00 price target. To see the full list of analyst forecasts on Shanghai Forest Cabin Cosmetics Group Co., Ltd. Class H stock, see the HK:2657 Stock Forecast page.
More about Shanghai Forest Cabin Cosmetics Group Co., Ltd. Class H
Shanghai Forest Cabin Cosmetics Group Co., Ltd. is a mainland China-based cosmetics company listed in Hong Kong, operating in the beauty and personal care sector. The group issues both domestic shares and H shares, reflecting its focus on the Chinese market while also tapping international investors through the Hong Kong market.
Average Trading Volume: 171,309
Current Market Cap: HK$8.13B
For a thorough assessment of 2657 stock, go to TipRanks’ Stock Analysis page.