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Shanghai Pharmaceuticals Strengthens Audit Committee Governance

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Shanghai Pharmaceuticals Strengthens Audit Committee Governance

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Shanghai Pharmaceuticals Holding Co ( (HK:2607) ) has provided an update.

Shanghai Pharmaceuticals Holding Co., Ltd. has established implementation rules for its Audit Committee to strengthen the decision-making function of its Board of Directors and ensure effective supervision over management. The Audit Committee is tasked with overseeing the relationship with external auditors, reviewing financial information, and supervising the company’s financial reporting, risk management, and internal control systems. This move is expected to enhance the company’s corporate governance and ensure diligent financial oversight.

The most recent analyst rating on (HK:2607) stock is a Buy with a HK$13.00 price target. To see the full list of analyst forecasts on Shanghai Pharmaceuticals Holding Co stock, see the HK:2607 Stock Forecast page.

More about Shanghai Pharmaceuticals Holding Co

Shanghai Pharmaceuticals Holding Co., Ltd. operates in the pharmaceutical industry, focusing on the development, manufacturing, and distribution of pharmaceutical products. The company is committed to optimizing its corporate governance structure and enhancing its decision-making processes.

Average Trading Volume: 3,061,652

Technical Sentiment Signal: Buy

Current Market Cap: HK$66.15B

See more insights into 2607 stock on TipRanks’ Stock Analysis page.

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