Yantai North Andre Juice Moves to Revise Articles and Shift Legal Representative Role
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Yantai North Andre Juice Co. plans to amend its Articles of Association to comply with Chinese law and update its governance structure. The amendments will allow either the chairman or president to serve as legal representative and set a 30-day deadline for appointing a new representative after resignation. The company intends to change its legal representative to president Mr. Zhang Hui, pending shareholder approval at the upcoming AGM. The latest analyst rating for the stock (HK:2218) is a Hold with a price target of HK$16.50.
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