Zoomlion Shareholders Approve Strategic Termination
Company Announcements

Zoomlion Shareholders Approve Strategic Termination

Zoomlion Heavy Industry Science & Technology Co (HK:1157) has released an update.

Zoomlion Heavy Industry Science & Technology Co., Ltd. successfully conducted an extraordinary general meeting (EGM) where shareholders voted in favor of terminating the proposed spin-off and separate listing of Hunan Zoomlion Intelligent Aerial Work Machinery Co., Ltd. More than two-thirds of the votes supported the special resolutions, enabling the Board to handle all matters related to the termination. Significant shareholders were required to abstain from the vote, and the resolutions were passed without opposition.

For further insights into HK:1157 stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks HongKong Auto-Generated NewsdeskZoomlion Gains Shareholder Support for H Share Buyback
TipRanks HongKong Auto-Generated NewsdeskZoomlion Announces H Shares Buyback Plan
TipRanks HongKong Auto-Generated NewsdeskZoomlion Reports Q3 2024 Financial Results
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App