Midea Group Co. Ltd. Class H (HK:0300) has released an update.
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Midea Group Co., Ltd. has announced proposed amendments to its Articles of Association following the full exercise of the Over-allotment Option, which has changed the company’s registered and total share capital to RMB7.65 billion. The amendments aim to align with the Company Law of China and require shareholder approval at an upcoming extraordinary general meeting. This move reflects Midea’s effort to ensure compliance with legal standards while positioning itself strategically in the market.
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