AviChina Industry & Technology Co (HK:2357) has released an update.
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AviChina Industry & Technology Co Ltd announces proposed amendments to its Articles of Association, aligned with new Chinese law effective from July 1, 2024, and other regulations, to include changes in rules governing legal representation, capital reduction, and share buyback strategies. These amendments aim to modernize the company’s governance in line with current legislative and regulatory standards, ensuring compliance and enhancing shareholder rights and corporate value.
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