Red Star Macalline Group Corp. Ltd. has announced the approval of a proposal to cancel repurchased A shares and reduce its registered capital. The decision was made at the company's fiftieth extraordinary meeting of the fifth session of the Board. In addition, the company has proposed amendments to its Articles of Association to reflect the reduction in registered capital resulting from the cancellation of these repurchased shares.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Red Star Macalline Group Corp. Ltd. published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20251219-11962270), on December 19, 2025, and is solely responsible for the information contained therein.
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