Zhaojin Mining Seeks Share Repurchase and Issuance Update

Zhaojin Mining Industry Co (HK:1818) has released an update.

Zhaojin Mining Industry Co. has announced plans to hold its 2024 Second Extraordinary General Meeting where they will consider special resolutions to update mandates for repurchasing and issuing shares. The company is seeking approval to repurchase up to 10% of its H Shares and to update the general mandate to issue both Domestic and H Shares. These steps are part of the company’s capital management strategy and will be subject to regulatory compliance and shareholder approval.

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