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Zuoli Kechuang Micro-finance Announces 2024 AGM with Strategic Financial Resolutions

Story Highlights
  • Zuoli Kechuang Micro-finance plans to discuss key financial resolutions at its 2024 AGM.
  • The company seeks approval for debt financing instruments up to RMB1 billion to boost working capital.
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Zuoli Kechuang Micro-finance Announces 2024 AGM with Strategic Financial Resolutions

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The latest announcement is out from Zuoli Kechuang Micro-finance Co. Ltd. Class H ( (HK:6866) ).

Zuoli Kechuang Micro-finance Co. Ltd. has announced its 2024 Annual General Meeting (AGM) scheduled for June 13, 2025, where key resolutions will be discussed and potentially approved. These include the approval of the company’s annual reports, financial statements, profit distribution plan, and external auditor’s fees. Additionally, the company seeks approval for a bank credit line up to RMB300 million and external guarantees up to RMB800 million. A special resolution will address the issuance of debt financing instruments up to RMB1 billion to supplement working capital, reflecting the company’s strategic financial planning and potential growth initiatives.

More about Zuoli Kechuang Micro-finance Co. Ltd. Class H

Zuoli Kechuang Micro-finance Co. Ltd. is a micro-finance company incorporated in the People’s Republic of China. It operates within the financial services industry, focusing on providing micro-loans and financial solutions, primarily targeting small and medium-sized enterprises (SMEs) in China.

YTD Price Performance: 5.17%

Average Trading Volume: 231,209

Technical Sentiment Signal: Sell

Current Market Cap: HK$359.9M

Learn more about 6866 stock on TipRanks’ Stock Analysis page.

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