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The latest announcement is out from Coolpad Group ( (HK:2369) ).
Coolpad Group Limited has recently undertaken a comprehensive internal control review as part of its commitment to meet Resumption Guidance from the Hong Kong Stock Exchange. The review, conducted by GRC Chamber Limited, identified several internal control deficiencies. Coolpad has begun implementing remedial measures to address these issues, focusing on updating corporate governance policies to align with the latest regulatory standards. The company’s efforts aim to strengthen its internal control environment and enhance its operational efficiency, which could positively impact its market positioning and stakeholder trust.
More about Coolpad Group
Coolpad Group Limited operates in the technology industry, focusing on the production and distribution of mobile devices and related technological solutions. The company is listed on the Hong Kong Stock Exchange and is committed to enhancing its market presence through improved internal controls and compliance with regulatory requirements.
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $126.2M
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