Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Tong Ren Tang Technologies Co ( (HK:1666) ) has provided an update.
Tong Ren Tang Technologies Co. has announced proposed amendments to its Articles of Association, which include the abolition of the Supervisory Committee and the introduction of employee representative directors. These changes are in response to recent regulatory updates and are aimed at enhancing corporate governance and aligning with current laws. The company also plans to amend the rules of procedures for general and board meetings to ensure consistency with the revised Articles. These proposals are subject to shareholder approval at an upcoming extraordinary general meeting.
More about Tong Ren Tang Technologies Co
Tong Ren Tang Technologies Co. is a joint stock company incorporated in the People’s Republic of China, primarily involved in the pharmaceutical industry. The company focuses on the production and distribution of traditional Chinese medicine products, catering to both domestic and international markets.
Average Trading Volume: 1,417,111
Technical Sentiment Signal: Hold
Current Market Cap: HK$6.49B
For an in-depth examination of 1666 stock, go to TipRanks’ Overview page.