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China Datang Corp. Renewable Power Co. Ltd. Approves Key Resolutions at 2024 AGM

Story Highlights
  • China Datang Corp. Renewable Power Co. Ltd. held its 2024 AGM, approving all resolutions.
  • Shareholders showed confidence by endorsing financial and operational plans for 2025.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
China Datang Corp. Renewable Power Co. Ltd. Approves Key Resolutions at 2024 AGM

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China Datang Corp. Renewable Power Co. Ltd. Class H ( (HK:1798) ) has provided an update.

China Datang Corp. Renewable Power Co., Ltd. held its Annual General Meeting (AGM) for the year 2024, where all proposed resolutions were approved by shareholders. The meeting saw participation from shareholders or their proxies representing approximately 75.76% of the total issued share capital. Key resolutions included the approval of the board’s work report, financial reports, and profit distribution plan for 2024, as well as the financial budget plan and re-appointment of accounting firms for 2025. The successful approval of these resolutions underscores shareholder confidence in the company’s strategic direction and operational management.

The most recent analyst rating on (HK:1798) stock is a Hold with a HK$1.95 price target. To see the full list of analyst forecasts on China Datang Corp. Renewable Power Co. Ltd. Class H stock, see the HK:1798 Stock Forecast page.

More about China Datang Corp. Renewable Power Co. Ltd. Class H

China Datang Corp. Renewable Power Co. Ltd. Class H operates in the renewable energy sector, focusing on the generation of power through sustainable sources. The company is a significant player in the Chinese market, contributing to the country’s energy transition and sustainability goals.

Average Trading Volume: 8,858,765

Technical Sentiment Signal: Buy

Current Market Cap: HK$17.31B

For detailed information about 1798 stock, go to TipRanks’ Stock Analysis page.

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