Zhengwei Group Shareholders Back All AGM Resolutions, Bolstering Capital Management Flexibility
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Zhengwei Group Holdings' shareholders approved all resolutions at the AGM on December 22, 2025, enhancing capital management flexibility. Resolutions included audited financials, director re-elections, remuneration authorizations, and auditor re-appointment. The board received mandates to issue up to 20% of shares, repurchase up to 10%, and extend the issue mandate. The share consolidation effective date was confirmed, strengthening equity financing and capital structure management. The stock's latest analyst rating is Hold with a HK$0.04 target.
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