Guangzhou Rural Commercial Bank Co. Ltd. Class H (HK:1551) has released an update.
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Guangzhou Rural Commercial Bank Co., Ltd. has scheduled its first extraordinary general meeting for December 13, 2024, to address key resolutions including the election of new board directors, changes in external auditors, and significant mergers with Dongguan Huangjiang and Zhongshan Dongfeng Zhujiang Rural Banks. These strategic moves are poised to reshape the bank’s operational landscape and could impact its market position significantly.
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