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Zhengzhou Coal Mining Machinery Group Co., Ltd. Class H ( (HK:0564) ) has issued an announcement.
ZCZL Industrial Technology Group Company Limited has approved proposed amendments to its Articles of Association and the Rules of Procedure for Shareholders’ Meetings to align with the latest regulatory framework for overseas securities offerings by Chinese domestic enterprises, as issued by the China Securities Regulatory Commission. The revisions refine the company’s registered business scope—clarifying descriptions of machinery-related activities, specifying conditions on coal and coal product sales, and standardising terms around leasing, imports and exports, and software and technical services—and update provisions on share classes to comply with listing-place regulatory rules. These changes are intended to ensure regulatory compliance for its Hong Kong listing and provide a clearer, more flexible governance and business framework, which may facilitate future capital market activities and enhance transparency for shareholders and other stakeholders.
The most recent analyst rating on (HK:0564) stock is a Buy with a HK$24.50 price target. To see the full list of analyst forecasts on Zhengzhou Coal Mining Machinery Group Co., Ltd. Class H stock, see the HK:0564 Stock Forecast page.
More about Zhengzhou Coal Mining Machinery Group Co., Ltd. Class H
ZCZL Industrial Technology Group Company Limited, formerly known in the market as Zhengzhou Coal Mining Machinery Group, operates in the manufacturing of mining machinery and related mechanical and electrical equipment. Its business scope also covers environmental protection equipment, molds, metal materials, coal and coal products trading, software development and services, technical consulting, and leasing of machinery, properties and land use rights, reflecting a diversified industrial and technology-focused portfolio serving mining and broader industrial customers.
Average Trading Volume: 2,536,172
Technical Sentiment Signal: Buy
Current Market Cap: HK$45.2B
See more insights into 0564 stock on TipRanks’ Stock Analysis page.