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Xin Yuan Enterprises Group Ltd. ( (HK:1748) ) has shared an announcement.
Xin Yuan Enterprises Group Limited held an Extraordinary General Meeting (EGM) where all proposed resolutions were voted on by poll. The meeting resulted in the removal of several executive directors, including the chairman and CEO, and the appointment of new directors. Notably, the resolution to appoint Mr. Huang Dehai as an executive director was unanimously approved, while other resolutions saw a close split in votes. This reshuffling of the board could impact the company’s strategic direction and governance.
More about Xin Yuan Enterprises Group Ltd.
YTD Price Performance: 9.32%
Average Trading Volume: 76,235
Technical Sentiment Consensus Rating: Buy
Current Market Cap: HK$774.4M
See more insights into 1748 stock on TipRanks’ Stock Analysis page.