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Shanghai Fudan Microelectronics Group Co ( (HK:1385) ) has provided an announcement.
Shanghai Fudan Microelectronics Group announced the expiration of its approval to issue A Share Convertible Corporate Bonds to non-specific investors, as the necessary shareholder resolution for extending the validity period was not approved. This expiration will not materially affect the company’s production and operations, but shareholders and potential investors are advised to exercise caution when dealing with the company’s shares.
More about Shanghai Fudan Microelectronics Group Co
Shanghai Fudan Microelectronics Group Company Limited operates in the microelectronics industry, focusing on the development and production of integrated circuits and related technologies. The company serves various market segments, including consumer electronics, telecommunications, and industrial applications.
Average Trading Volume: 5,951,859
Technical Sentiment Signal: Buy
Current Market Cap: HK$36.19B
For a thorough assessment of 1385 stock, go to TipRanks’ Stock Analysis page.