Zhejiang Shibao Co. Ltd. Class H (HK:1057) has released an update.
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Zhejiang Shibao Co. Ltd. is set to propose amendments to its Articles of Association and its procedures for both shareholders’ general meetings and the board of directors, in accordance with updated guidelines and regulations. These changes require approval by shareholders through a special resolution at an upcoming extraordinary general meeting. Shareholders will receive a detailed circular and proxy form ahead of the meeting to decide on the proposed amendments.
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