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UBTECH Shareholders Approve Key Resolutions & Incentive Scheme

UBTECH ROBOTICS CORP LTD Class H (HK:9880) has released an update.

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UBTECH ROBOTICS CORP LTD has announced the successful conclusion of its 2024 fifth extraordinary general meeting, with shareholders overwhelmingly approving resolutions on bank credit limits, subsidiary guarantees, and changes to registered capital and the Articles of Association. Additionally, a new H Share Incentive Scheme was adopted with high approval, solidifying the company’s commitment to its long-term incentive plans.

For further insights into HK:9880 stock, check out TipRanks’ Stock Analysis page.

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