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Wuhan Youji Wins Shareholder Approval to Re-Domicile From Cayman Islands to Hong Kong

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An update from Wuhan Youji Holdings Ltd. ( (HK:2881) ) is now available.

Wuhan Youji Holdings Ltd. has secured shareholder approval at an extraordinary general meeting to change its place of incorporation from the Cayman Islands to Hong Kong under the Companies Ordinance, contingent on obtaining the necessary governmental and regulatory consents and a certificate of re-domiciliation from the Hong Kong Companies Registry. As part of the move, the company will adopt new articles of association to replace its existing constitutional documents, and the board has been authorised to carry out all actions, registrations and filings required in both the Cayman Islands and Hong Kong to complete the re-domiciliation, signaling a strategic shift in its corporate governance and regulatory alignment.

The most recent analyst rating on (HK:2881) stock is a Hold with a HK$5.50 price target. To see the full list of analyst forecasts on Wuhan Youji Holdings Ltd. stock, see the HK:2881 Stock Forecast page.

More about Wuhan Youji Holdings Ltd.

Wuhan Youji Holdings Ltd. is a company incorporated in the Cayman Islands with limited liability and listed on the Hong Kong Stock Exchange under stock code 2881. Specific details on its industry, products, services or market focus were not provided in the announcement.

Average Trading Volume: 30,230

Technical Sentiment Signal: Sell

Current Market Cap: HK$497.3M

For an in-depth examination of 2881 stock, go to TipRanks’ Overview page.

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