Concord Medical Schedules 2024 Annual Meeting of Shareholders
Rhea-AI Summary
Concord Medical Services Holdings (NYSE: CCM) announced its 2024 annual general meeting of shareholders, scheduled for December 27, 2024, at 10:00 a.m. (Beijing Time) in Beijing, China. The meeting's primary purpose is to amend the company's memorandum and articles of association to reflect changes in the ratio of American depositary shares (ADSs) to Class A ordinary shares, effective July 30, 2024. Shareholders of record as of November 27, 2024, will be eligible to attend and discuss company affairs with management.
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News Market Reaction – CCM
On the day this news was published, CCM gained 7.55%, reflecting a notable positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
The purpose of the Meeting is to amend the Company's memorandum and articles of association currently in effect by the adoption of a new memorandum and articles of association to reflect the change in the ratio of its American depositary shares ("ADSs") to Class A ordinary shares, which was made effective on July 30, 2024. For details, please refer to the Current Report on Form 6-K filed with the Securities and Exchange Commission ("SEC") on July 11, 2024. The Meeting will also be convened for shareholders who are entitled to vote to discuss Company affairs with management. Concord Medical's annual report on Form 20-F filed with the SEC, containing the Company's audited financial statements for the financial year ended December 31, 2023, is available in the Investor Relations section of the Company's website at http://ir.ccm.cn. The Form 20-F is also available on the SEC's website at http://www.sec.gov.
About Concord Medical
Concord Medical Services Holdings Limited is a healthcare provider featuring a full cycle of premium oncology services including cancer diagnosis, treatment, education and prevention. The Company focuses on providing multidisciplinary cancer care in all aspects of oncology healthcare services in its cancer hospitals and equipping them with technologically advanced equipment such as the state-of-the-art proton therapy system. The Company is striving to improve the quality and accessibility of cancer care through its network of self-owned cancer hospitals and clinics as well as partnered hospitals across
Safe Harbor Statement
This announcement contains forward-looking statements. These forward-looking statements can be identified by words or phrases such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates" and similar expressions. Forward-looking statements are inherently subject to uncertainties and contingencies beyond the Company's control and based upon premises with respect to future business decisions, which are subject to change. A number of important factors could cause actual results to differ materially from those contained in any forward-looking statement. The Company does not undertake any obligation to update any forward-looking statement, except as required under applicable law.
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SOURCE Concord Medical Services Holdings Limited
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