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Shanghai Haohai Biological Technology Co., Ltd. Class H ( (HK:6826) ) has provided an announcement.
Shanghai Haohai Biological Technology Co., Ltd. announced amendments to its Articles of Association following the repurchase and cancellation of 2,296,200 H shares, which reduced the company’s total share count and registered capital. These changes reflect the company’s strategic decision to adjust its capital structure, potentially impacting its market positioning and shareholder value. The amendments, effective April 25, 2025, will not require further approval at the general meeting, indicating a streamlined internal decision-making process.
More about Shanghai Haohai Biological Technology Co., Ltd. Class H
Shanghai Haohai Biological Technology Co., Ltd. is a joint stock company incorporated in the People’s Republic of China. It operates in the biotechnology industry, focusing on the production and development of biological products. The company is listed on the Hong Kong Stock Exchange and engages in activities such as the issuance and repurchase of shares.
YTD Price Performance: -8.63%
Average Trading Volume: 566,343
Technical Sentiment Signal: Buy
Current Market Cap: HK$11.85B
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