Beijing Jingcheng Machinery Electric Co Ltd Class H (HK:0187) has released an update.
Beijing Jingcheng Machinery Electric Co. Ltd has announced the successful registration of 5.4 million new restricted A shares as part of its 2023 Restricted Share Incentive Scheme, increasing the total number of shares to 547,665,988. The company has also proposed amendments to its ‘Articles of Association’ to align with new regulatory requirements in Mainland China and the rules set by the Shanghai Stock Exchange and The Stock Exchange of Hong Kong Limited. These amendments cover a wide range of areas including investment provisions, share capital management, and electronic communication for company notices.
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