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Zhengwei Group Shareholders Back All AGM Resolutions, Bolstering Capital Management Flexibility

Story Highlights
  • Zhengwei shareholders unanimously approved all AGM resolutions, including director re-elections and auditor re-appointment.
  • Investors granted broad mandates for share issuance, repurchases and consolidation, enhancing the board’s capital management flexibility.
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Zhengwei Group Shareholders Back All AGM Resolutions, Bolstering Capital Management Flexibility

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The latest update is out from Zhengwei Group Holdings Company Limited ( (HK:2147) ).

Shareholders of Zhengwei Group Holdings Company Limited unanimously approved all resolutions at the annual general meeting held on 22 December 2025, including the audited financial statements for the eighteen months ended 30 June 2025, the re-election of two executive directors and one independent non-executive director, the authorisation of the board to fix directors’ and auditor’s remuneration, and the re-appointment of SFAI (HK) CPA Limited as auditor. Investors also granted the board broad capital management powers, passing general mandates to issue up to 20% of the company’s share capital, repurchase up to 10%, and extend the issue mandate by the amount of shares repurchased, alongside confirming the effective date of a share consolidation, collectively strengthening management’s flexibility over equity financing and capital structure.

The most recent analyst rating on (HK:2147) stock is a Hold with a HK$0.04 price target. To see the full list of analyst forecasts on Zhengwei Group Holdings Company Limited stock, see the HK:2147 Stock Forecast page.

More about Zhengwei Group Holdings Company Limited

Zhengwei Group Holdings Company Limited is a Hong Kong-listed company incorporated in the Cayman Islands and traded on the Main Board of the Stock Exchange of Hong Kong under stock code 2147. The announcement relates to its corporate governance and capital management arrangements rather than its underlying operating business, which is not detailed in this release.

Average Trading Volume: 16,570,491

Technical Sentiment Signal: Sell

Current Market Cap: HK$50.4M

Find detailed analytics on 2147 stock on TipRanks’ Stock Analysis page.

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