Zhejiang Shibao Co. Ltd. Strengthens Governance with New Nomination Committee Procedures
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Zhejiang Shibao Co. Ltd. has announced new procedures for its Nomination Committee, focusing on board diversity and the selection of qualified directors. The committee will review the board's structure, assess director independence, and ensure alignment with corporate strategy. This initiative aims to strengthen governance and enhance the company's strategic positioning in the automotive industry, where it specializes in steering systems and components. The company has seen a year-to-date price performance of 62.81% and has a market cap of HK$10.22B.
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