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China Huarong Energy Company Limited ( (HK:1101) ) just unveiled an update.
China Huarong Energy Company Limited has received a requisition from shareholders holding approximately 11.15% of the company’s shares to convene an extraordinary general meeting. The purpose of the meeting is to consider the removal of existing directors and the appointment of new directors, including both executive and non-executive roles. This move could significantly impact the company’s leadership structure and potentially influence its strategic direction.
More about China Huarong Energy Company Limited
China Huarong Energy Company Limited is incorporated in the Cayman Islands and operates within the energy sector. The company, along with its subsidiaries, is involved in various energy-related activities, focusing on providing energy solutions and services.
YTD Price Performance: -37.50%
Technical Sentiment Signal: Strong Sell
Current Market Cap: HK$235.5M
Learn more about 1101 stock on TipRanks’ Stock Analysis page.