tiprankstipranks
Trending News
More News >

Zhejiang Shibao Co. Ltd. Approves Key Resolutions at 2025 AGM

Story Highlights
Zhejiang Shibao Co. Ltd. Approves Key Resolutions at 2025 AGM

Confident Investing Starts Here:

An update from Zhejiang Shibao Co. Ltd. Class H ( (HK:1057) ) is now available.

Zhejiang Shibao Co. Ltd. held its Annual General Meeting on May 15, 2025, where all proposed resolutions were approved by shareholders. Key resolutions included the approval of the 2024 Audit Report, Annual Report, and Profit Distribution Proposal, which involves a cash dividend of RMB0.60 per 10 shares. The re-appointment of Pan-China Certified Public Accountants LLP as the company’s auditor for 2025 was also confirmed. These approvals reflect the company’s stable financial performance and commitment to governance, potentially strengthening its position in the automotive industry and providing reassurance to stakeholders.

More about Zhejiang Shibao Co. Ltd. Class H

Zhejiang Shibao Co. Ltd. is a company incorporated in the People’s Republic of China, operating in the automotive industry. It primarily focuses on manufacturing steering systems and related components for vehicles, serving both domestic and international markets.

Average Trading Volume: 18,068,570

Technical Sentiment Signal: Strong Buy

Current Market Cap: HK$9.35B

See more data about 1057 stock on TipRanks’ Stock Analysis page.

Disclaimer & Disclosure

Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.

Report an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1