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Sichuan Expressway to Revamp Governance Structure in Line with New Regulations

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Sichuan Expressway to Revamp Governance Structure in Line with New Regulations

Elevate Your Investing Strategy:

Sichuan Expressway Co ( (HK:0107) ) has shared an update.

Sichuan Expressway Company Limited announced proposed amendments to its Articles of Association and other rules, including the abolishment of its Supervisory Committee in compliance with new regulations by the China Securities Regulatory Commission. The company plans to transfer the supervisory duties to an audit committee under the board, aligning with the updated Company Law and ensuring adherence to the latest regulatory framework. These changes are expected to streamline governance structures without affecting shareholder rights.

More about Sichuan Expressway Co

Sichuan Expressway Company Limited operates in the infrastructure sector, focusing on the construction, management, and operation of expressways in China. The company is a significant player in the transportation industry, catering to the growing demand for efficient road networks in the region.

Average Trading Volume: 4,920,174

Technical Sentiment Signal: Buy

Current Market Cap: HK$19.08B

For an in-depth examination of 0107 stock, go to TipRanks’ Overview page.

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