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An announcement from China Shenhua Energy Co ( (HK:1088) ) is now available.
China Shenhua Energy Co has announced a proposal to abolish its supervisory committee and amend its Articles of Association, Rules of Procedure of General Meeting, and Rules of Procedure of the Board. These changes, subject to shareholder approval, aim to streamline governance by transferring the supervisory committee’s functions to the audit and risk management committee. The amendments also include updates to the scope of business and standardization of terms, reflecting the company’s evolving business needs and regulatory compliance. The Board believes these changes will benefit the company and its shareholders.
The most recent analyst rating on (HK:1088) stock is a Hold with a HK$28.00 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 Co is a prominent player in the energy sector, primarily focusing on coal production, power generation, and railway and port transportation services. The company is a significant entity within China’s energy market, contributing to the country’s energy supply and infrastructure development.
Average Trading Volume: 24,472,413
Technical Sentiment Signal: Strong Buy
Current Market Cap: HK$824.3B
See more data about 1088 stock on TipRanks’ Stock Analysis page.