Zhejiang Tengy Environmental Technology Proposes Amendments and Announces Director Resignations

Zhejiang Tengy Environmental Technology Co., Ltd. Class H ( (HK:1527) ) has issued an update.

Zhejiang Tengy Environmental Technology Co., Ltd has announced proposed amendments to its Articles of Association in response to recent changes in Chinese laws and regulations, as well as updates to the Hong Kong Stock Exchange’s Listing Rules. These amendments are aimed at aligning the company’s governance with new shareholder protection standards and are subject to shareholder approval at the upcoming annual general meeting. Additionally, the company announced the resignation of two independent non-executive directors, Mr. Fung Kui Kei and Mr. Li Jiannan, who are stepping down to focus on personal commitments. The board expressed gratitude for their contributions.

More about Zhejiang Tengy Environmental Technology Co., Ltd. Class H

Zhejiang Tengy Environmental Technology Co., Ltd is a joint stock company based in the People’s Republic of China. It operates within the environmental technology sector, focusing on providing solutions and services related to environmental protection and sustainability.

YTD Price Performance: 32.99%

Average Trading Volume: 82,936

Technical Sentiment Signal: Sell

Current Market Cap: HK$174.1M

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