China Weaving Materials Approves Share Consolidation at EGM
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China Weaving Materials Holdings Ltd. (HK:3778) announced the approval of a share consolidation at its extraordinary general meeting on November 7, 2025. The resolution, passed unanimously by shareholders, aims to optimize the company's capital structure and enhance market positioning. The current analyst rating for the stock is a Hold, with a price target of HK$0.50. The company operates in the textile industry, focusing on the production and distribution of weaving materials in China, with a market cap of HK$375.7M.
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