Beijing SinoHytec Co., Ltd. Class H (HK:2402) has released an update.
Beijing SinoHytec Co., Ltd. is set to hold its Annual General Meeting (AGM) on June 28, 2024, to discuss and potentially approve key resolutions including the 2023 annual and financial reports, profit distribution plans, and issuance of new shares. Shareholders will also contemplate a mandate for the board to issue additional shares, which could raise up to RMB 300 million and not exceed 20% of the net assets from the end of the most recent fiscal year.
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