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Zhongmiao Holdings Announces 2024 AGM and Share Issuance Plans

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Zhongmiao Holdings Announces 2024 AGM and Share Issuance Plans

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Zhongmiao Holdings (Qingdao) Co., Ltd. Class H ( (HK:1471) ) just unveiled an update.

Zhongmiao Holdings (Qingdao) Co., Ltd. has announced its 2024 Annual General Meeting (AGM) scheduled for June 6, 2025, in Qingdao, China. The AGM will address several key resolutions, including the approval of the 2024 work reports from the board of directors and supervisory committee, the profit distribution plan, audited financial statements, and the re-appointment of KPMG as auditors. Additionally, a special resolution will be considered to issue additional shares, granting the board a mandate to allot or issue up to 20% of the company’s total issued shares, pending necessary regulatory approvals. This move could potentially impact the company’s market positioning by expanding its capital base.

More about Zhongmiao Holdings (Qingdao) Co., Ltd. Class H

Average Trading Volume: 17,324

Technical Sentiment Signal: Strong Buy

Current Market Cap: HK$2.18B

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