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Xingye Alloy Materials Group Announces AGM Results and New Director Appointment

Story Highlights
  • Xingye Alloy Materials Group’s AGM resolutions were approved, including appointing Ms. Zhao Yan as a director.
  • KPMG was reappointed as auditor, and the board received mandates on remuneration and shares.
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Xingye Alloy Materials Group Announces AGM Results and New Director Appointment

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Xingye Alloy Materials Group Limited ( (HK:0505) ) has shared an announcement.

Xingye Alloy Materials Group Limited announced that all resolutions proposed at their Annual General Meeting on June 13, 2025, were approved by shareholders. Notably, Ms. Zhao Yan was appointed as an independent non-executive director. The meeting also saw the reappointment of KPMG as the company’s auditor and the authorization of the board to manage directors’ remuneration and share-related mandates. These developments are expected to strengthen the company’s governance and operational strategies, potentially impacting its market positioning positively.

More about Xingye Alloy Materials Group Limited

Average Trading Volume: 171,393

Technical Sentiment Signal: Sell

Current Market Cap: HK$889.3M

For a thorough assessment of 0505 stock, go to TipRanks’ Stock Analysis page.

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