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Shanghai Heartcare Approves Capital Reserve Utilization to Offset Losses

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Shanghai Heartcare Approves Capital Reserve Utilization to Offset Losses

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Shanghai Heartcare Medical Technology Corp. Ltd. Class H ( (HK:6609) ) has issued an update.

Shanghai Heartcare Medical Technology Corp. Ltd. held its 2025 second extraordinary general meeting (EGM) where shareholders approved the utilization of the company’s capital reserve to offset losses amounting to RMB575,082,245.74. The resolution was passed unanimously, indicating strong shareholder support for the company’s financial management strategy, which could positively impact its financial stability and market confidence.

The most recent analyst rating on (HK:6609) stock is a Hold with a HK$54.00 price target. To see the full list of analyst forecasts on Shanghai Heartcare Medical Technology Corp. Ltd. Class H stock, see the HK:6609 Stock Forecast page.

More about Shanghai Heartcare Medical Technology Corp. Ltd. Class H

Shanghai Heartcare Medical Technology Corp. Ltd. is a company incorporated in the People’s Republic of China, operating in the medical technology industry. It focuses on developing and providing innovative medical solutions, with a particular emphasis on heart care technologies.

Average Trading Volume: 184,841

Technical Sentiment Signal: Buy

Current Market Cap: HK$2B

For detailed information about 6609 stock, go to TipRanks’ Stock Analysis page.

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