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Shanghai Kindly Medical Instruments Approves Share Issuance Mandate at EGM

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Shanghai Kindly Medical Instruments Approves Share Issuance Mandate at EGM

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The latest update is out from Shanghai Kindly Medical Instruments Co., Ltd. Class H ( (HK:1501) ).

Shanghai Kindly Medical Instruments Co., Ltd. held its first extraordinary general meeting of 2025, where a special resolution was passed to grant the board of directors a general mandate to allot, issue, and deal with additional domestic and H shares. The resolution received significant support, with over 72% of votes in favor, reflecting a strong backing from shareholders and potentially enabling the company to expand its capital base for future growth.

The most recent analyst rating on (HK:1501) stock is a Buy with a HK$37.00 price target. To see the full list of analyst forecasts on Shanghai Kindly Medical Instruments Co., Ltd. Class H stock, see the HK:1501 Stock Forecast page.

More about Shanghai Kindly Medical Instruments Co., Ltd. Class H

Shanghai Kindly Medical Instruments Co., Ltd. is a company based in the People’s Republic of China, operating in the medical instruments industry. It focuses on the development and manufacturing of medical devices, catering to both domestic and international markets.

Average Trading Volume: 38,378

Technical Sentiment Signal: Buy

Current Market Cap: HK$5.53B

Find detailed analytics on 1501 stock on TipRanks’ Stock Analysis page.

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