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The latest announcement is out from China Huarong Energy Company Limited ( (HK:1101) ).
China Huarong Energy Company Limited has rejected a shareholder requisition seeking to remove certain directors and appoint new ones after determining that the requisitioning shareholders collectively held only about 9.7% of the company’s issued share capital as of 9 December 2025, below the threshold required under its Articles of Association to compel an extraordinary general meeting. As a result, the company will not convene the requested EGM, has informed the requisitionists of this decision, and says it will continue communicating with stakeholders, while cautioning shareholders and potential investors to exercise care when dealing in its shares.
More about China Huarong Energy Company Limited
China Huarong Energy Company Limited is a Hong Kong-listed company incorporated in the Cayman Islands and engaged in the energy sector, with its shares traded on the Main Board of the Stock Exchange of Hong Kong under stock code 01101. The company is overseen by a board currently comprising executive chairman Niu Jianmin, two other executive directors and one independent non-executive director.
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.