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Shengjing Bank Approves Key Resolutions and Strategic Expansion at 2024 AGM

Story Highlights
  • Shengjing Bank’s 2024 AGM saw all resolutions passed with strong shareholder support.
  • The bank plans to acquire and consolidate several village banks, indicating strategic expansion.
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Shengjing Bank Approves Key Resolutions and Strategic Expansion at 2024 AGM

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Shengjing Bank Co. Ltd. Class H ( (HK:2066) ) just unveiled an announcement.

Shengjing Bank Co., Ltd. held its 2024 Annual General Meeting on June 13, 2025, where all proposed resolutions were passed with overwhelming support from shareholders. Key resolutions included the approval of the 2024 work reports, financial accounts, and profit distribution plan, as well as the appointment of auditors for 2025. Additionally, a special resolution was passed to acquire shares from other shareholders of several village banks, which will be restructured into branches and consolidated by merger, indicating a strategic expansion and consolidation effort by the bank.

More about Shengjing Bank Co. Ltd. Class H

Shengjing Bank Co., Ltd. is a financial institution based in the People’s Republic of China, operating as a joint stock company with limited liability. The bank is involved in providing a range of banking services and products, primarily focusing on serving the financial needs of individuals and businesses within its market.

Average Trading Volume: 34,387

Technical Sentiment Signal: Sell

Current Market Cap: HK$9.68B

For detailed information about 2066 stock, go to TipRanks’ Stock Analysis page.

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