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JL MAG Rare-Earth Co. Announces Change in Joint Company Secretary

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JL MAG Rare-Earth Co. Announces Change in Joint Company Secretary

An update from JL MAG Rare-Earth Co., Ltd. Class H ( (HK:6680) ) is now available.

JL MAG Rare-Earth Co., Ltd. has announced a change in its joint company secretary position to improve communication efficiency with the Hong Kong Stock Exchange. Mr. Lai Xunlong has been appointed as the new Joint Company Secretary effective January 20, 2025, while Mr. Lu Ming will continue as Vice President. Although Mr. Lai lacks the formal qualifications typically required, the company has obtained a waiver from the Stock Exchange for a period of three years, indicating the company’s strategic maneuvering to maintain compliance while adapting to its internal circumstances.

More about JL MAG Rare-Earth Co., Ltd. Class H

JL MAG Rare-Earth Co., Ltd. is a company incorporated in the People’s Republic of China, primarily focusing on the rare-earth industry. It is listed on the Hong Kong Stock Exchange and engages in activities related to the management and operation of rare-earth products.

YTD Price Performance: 11.52%

Average Trading Volume: 14,822,162

Technical Sentiment Consensus Rating: Sell

Current Market Cap: HK$26.14B

For a thorough assessment of 6680 stock, go to TipRanks’ Stock Analysis page.

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