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Yangtze Optical Fibre and Cable Joint Stock Co ( (HK:6869) ) has issued an update.
Yangtze Optical Fibre and Cable Joint Stock Co announced several proposed amendments to its corporate governance structure, including changes to the Articles of Association and procedural rules for general meetings and the board of directors. Notably, the company plans to abolish its board of supervisors, with the audit committee assuming its responsibilities, reflecting a strategic shift in governance to streamline operations and enhance oversight. These changes could impact the company’s operational efficiency and stakeholder engagement, aligning with regulatory standards and improving corporate governance.
The most recent analyst rating on (HK:6869) stock is a Hold with a HK$40.00 price target. To see the full list of analyst forecasts on Yangtze Optical Fibre and Cable Joint Stock Co stock, see the HK:6869 Stock Forecast page.
More about Yangtze Optical Fibre and Cable Joint Stock Co
Yangtze Optical Fibre and Cable Joint Stock Co is a company based in the People’s Republic of China, primarily involved in the optical fibre and cable industry. The company focuses on manufacturing and supplying optical fibre and cable products, serving various markets that require telecommunications infrastructure.
YTD Price Performance: 173.38%
Average Trading Volume: 31,389,504
Technical Sentiment Signal: Buy
Current Market Cap: HK$46.84B
See more data about 6869 stock on TipRanks’ Stock Analysis page.