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Sinotrans Appoints New Director with Strong Shareholder Support

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Sinotrans Appoints New Director with Strong Shareholder Support

Sinotrans ( (HK:0598) ) has provided an update.

Sinotrans Limited announced the successful passage of a resolution at its 2025 First Extraordinary General Meeting, approving the appointment of Mr. Zhang Yi as a Director. The resolution was passed with a significant majority of votes in favor, indicating strong shareholder support. This appointment is expected to enhance the company’s leadership and potentially strengthen its strategic direction, impacting its operations and positioning within the logistics industry.

More about Sinotrans

Sinotrans Limited is a joint stock limited company incorporated in the People’s Republic of China, operating in the logistics and transportation industry. It is primarily focused on providing comprehensive logistics services, including freight forwarding, shipping agency, and warehousing, with a significant market presence in China.

YTD Price Performance: 5.22%

Average Trading Volume: 975

Technical Sentiment Signal: Strong Sell

Current Market Cap: $4.72B

For a thorough assessment of 0598 stock, go to TipRanks’ Stock Analysis page.

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