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An announcement from China Shenhua Energy Co ( (HK:1088) ) is now available.
China Shenhua Energy Company Limited has convened its first extraordinary general meeting for 2026, to be held in Beijing on 23 January 2026, where shareholders will vote on a series of special resolutions related to a significant asset transaction and a proposed issuance of A shares. The agenda includes approving the overall transaction structure, target assets, counterparties, pricing and payment terms, detailed share issuance arrangements for both the transaction and the broader A-share issuance, as well as lock-up periods, treatment of profits and undistributed earnings, use of proceeds, performance commitments and compensation arrangements, and the validity period of the resolutions, along with consideration of a draft report on purchasing assets via share issuance and cash payment and raising supporting funds through a related transaction, signaling a potentially material restructuring and capital-raising initiative for the company.
The most recent analyst rating on (HK:1088) stock is a Sell with a HK$29.60 price target. To see the full list of analyst forecasts on China Shenhua Energy Co stock, see the HK:1088 Stock Forecast page.
More about China Shenhua Energy Co
China Shenhua Energy Company Limited is a major Chinese energy enterprise primarily engaged in coal production, power generation and related energy operations, with its shares listed on the Hong Kong Stock Exchange under stock code 01088.
Average Trading Volume: 12,877,901
Technical Sentiment Signal: Strong Buy
Current Market Cap: HK$878.3B
Find detailed analytics on 1088 stock on TipRanks’ Stock Analysis page.