tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Shenzhen Hepalink Proposes Governance Restructuring and Board Changes

Story Highlights
  • Shenzhen Hepalink plans to abolish its Supervisory Committee, transferring duties to the audit committee.
  • Dr. Lu Chuan’s term ends, and Mr. Pu Hong is proposed as a new independent director.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Shenzhen Hepalink Proposes Governance Restructuring and Board Changes

TipRanks Cyber Monday Sale

An announcement from Shenzhen Hepalink Pharmaceutical Group Co., Ltd. Class H ( (HK:9989) ) is now available.

Shenzhen Hepalink Pharmaceutical Group Co., Ltd. has announced significant changes to its corporate governance structure. The company proposes to abolish its Supervisory Committee, transferring its responsibilities to the Board’s audit committee, and plans to amend its articles of association and internal governance measures, pending shareholder approval. Additionally, the term of an independent non-executive director, Dr. Lu Chuan, is set to expire, and the company proposes the election of Mr. Pu Hong as his replacement. These changes aim to streamline governance and align with regulatory guidelines, potentially impacting the company’s operational efficiency and stakeholder relations.

The most recent analyst rating on (HK:9989) stock is a Sell with a HK$4.31 price target. To see the full list of analyst forecasts on Shenzhen Hepalink Pharmaceutical Group Co., Ltd. Class H stock, see the HK:9989 Stock Forecast page.

More about Shenzhen Hepalink Pharmaceutical Group Co., Ltd. Class H

Shenzhen Hepalink Pharmaceutical Group Co., Ltd. is a company incorporated in the People’s Republic of China, operating in the pharmaceutical industry. The company focuses on the development and manufacturing of pharmaceutical products, with a market presence primarily in China.

Average Trading Volume: 1,265,709

Technical Sentiment Signal: Buy

Current Market Cap: HK$16.96B

See more insights into 9989 stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1