Zhongyuan Bank Co., Ltd. Class H (HK:1216) has released an update.
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Zhongyuan Bank Co., Ltd. successfully held its 2024 First Extraordinary General Meeting, where shareholders overwhelmingly approved resolutions concerning the acquisition and merger by absorption of Lushi Zhongyuan County Bank Co., Ltd. The meeting saw strong participation, with over 10 billion votes cast in favor of the proposals, highlighting investor confidence in the bank’s strategic growth initiatives.
For further insights into HK:1216 stock, check out TipRanks’ Stock Analysis page.