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TUHU Car Inc. Class A ( (HK:9690) ) has issued an announcement.
TUHU Car Inc. has called its annual general meeting for 5 June 2026 in Shanghai, where shareholders will review the audited consolidated financial statements for the year ended 31 December 2025 and receive reports from the board and the external auditor. The meeting will also consider the re-election of executive and independent non-executive directors, authorization for the board to set directors’ and auditor’s remuneration and the renewal of Ernst & Young as auditor.
Shareholders will be asked to grant the board a share repurchase mandate allowing the company to buy back up to 10% of its issued Class A shares on the Hong Kong market, excluding treasury shares and subject to adjustments for any share consolidation or subdivision. In addition, the board is seeking a general mandate to issue, allot and deal in new Class A shares and related convertible securities, enabling TUHU to raise capital and manage its equity structure more flexibly over the coming year.
The most recent analyst rating on (HK:9690) stock is a Hold with a HK$15.00 price target. To see the full list of analyst forecasts on TUHU Car Inc. Class A stock, see the HK:9690 Stock Forecast page.
More about TUHU Car Inc. Class A
TUHU Car Inc. operates in the automotive services and aftermarket industry, focusing on car maintenance, repair and related products for consumers in China. The company is incorporated in the Cayman Islands with limited liability and is listed in Hong Kong under a weighted voting rights structure, giving certain shareholders enhanced control over corporate decisions.
Average Trading Volume: 1,389,059
Technical Sentiment Signal: Sell
Current Market Cap: HK$10.61B
Find detailed analytics on 9690 stock on TipRanks’ Stock Analysis page.