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Wenling Zhejiang Announces AGM Success and Dividend Distribution

Story Highlights
  • Wenling Zhejiang successfully passed all resolutions at its AGM, including dividend distribution.
  • The company aims to enhance market position and investor confidence with stable governance and shareholder returns.
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Wenling Zhejiang Announces AGM Success and Dividend Distribution

Confident Investing Starts Here:

The latest announcement is out from Wenling Zhejiang Measuring & Cutting Tools Trading Centre Company Limited Class H ( (HK:1379) ).

Wenling Zhejiang Measuring & Cutting Tools Trading Centre Company Limited announced the successful outcomes of its Annual General Meeting held on April 30, 2025. All proposed resolutions, including the distribution of the final dividend for 2024 and the election and re-election of directors and supervisors, were approved by shareholders. The final dividend for 2024 is set to be distributed to domestic shareholders on May 16, 2025, and to holders of H Shares on May 30, 2025. This announcement signifies a stable governance structure and a commitment to shareholder returns, potentially enhancing the company’s market position and investor confidence.

More about Wenling Zhejiang Measuring & Cutting Tools Trading Centre Company Limited Class H

Wenling Zhejiang Measuring & Cutting Tools Trading Centre Company Limited is a joint stock company incorporated in the People’s Republic of China, focusing on the trading of measuring and cutting tools. The company operates within the industrial tools sector, catering to both domestic and international markets.

YTD Price Performance: 25.82%

Average Trading Volume: 19,909

Technical Sentiment Signal: Sell

Current Market Cap: HK$183.2M

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