NCI Shares Surge Over 6% Following Central Huijin's Nomination of Huang Geng as Non-Executive Director Candidate

Stock News06-12 11:18

Shares of NCI (HKEX: 01336) have risen more than 6%, gaining 6.56% to HK$52.05 at the time of writing, with a trading volume of HK$476 million.

The company recently announced that, in accordance with its articles of association, shareholders holding 3% or more of the company's voting shares are entitled to nominate candidates for non-independent directors. As of the announcement date, Central Huijin Investment Ltd. holds 31.34% of the company's shares and has nominated Huang Geng as a candidate for non-executive director on the company's ninth board of directors.

The company's ninth board of directors held its eighth meeting on June 10, 2026, and reviewed and passed a proposal regarding the nomination of Mr. Huang Geng as a candidate for non-executive director on the ninth board. The proposal is now subject to review and approval by the company's shareholders' meeting.

Following approval by the shareholders' meeting, Mr. Huang Geng's appointment as a director will also require final regulatory approval.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment