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Tianqi Lithium Corp. Class H ( (HK:9696) ) has issued an announcement.
Tianqi Lithium Corporation has announced a proposal to reduce its registered share capital and amend its Articles of Association. This move involves the cancellation of 26,600 repurchased shares, reducing the total share capital, and updating the Articles of Association to align with regulatory requirements and improve corporate governance. The changes include eliminating the Board of Supervisors, with its functions transferred to the Audit and Risk Committee, subject to shareholder approval at an extraordinary general meeting.
The most recent analyst rating on (HK:9696) stock is a Sell with a HK$24.50 price target. To see the full list of analyst forecasts on Tianqi Lithium Corp. Class H stock, see the HK:9696 Stock Forecast page.
More about Tianqi Lithium Corp. Class H
Tianqi Lithium Corporation is a joint stock limited company incorporated in the People’s Republic of China, operating in the lithium industry. The company is involved in the production and supply of lithium products, which are essential for various applications, including electric vehicle batteries and energy storage solutions.
Average Trading Volume: 7,081,709
Technical Sentiment Signal: Buy
Current Market Cap: HK$90.76B
For a thorough assessment of 9696 stock, go to TipRanks’ Stock Analysis page.