China Suntien Green Energy Proposes Governance Amendments

China Suntien Green Energy Corporation Limited Class H ( (HK:0956) ) has shared an update.

China Suntien Green Energy Corporation Limited has announced proposed amendments to its Articles of Association in response to the new Company Law of the People’s Republic of China, effective from July 2024. The key changes include the removal of the Board of Supervisors, with its functions to be assumed by the Audit Committee, and an increase in the number of board members from 9 to 11, enhancing governance and operational standardization. These amendments are aimed at optimizing the company’s governance structure, potentially impacting its operational efficiency and stakeholder relations.

The most recent analyst rating on (HK:0956) stock is a Buy with a HK$4.30 price target. To see the full list of analyst forecasts on China Suntien Green Energy Corporation Limited Class H stock, see the HK:0956 Stock Forecast page.

More about China Suntien Green Energy Corporation Limited Class H

China Suntien Green Energy Corporation Limited is a joint stock limited company incorporated in the People’s Republic of China. The company operates in the green energy sector, focusing on the development and management of renewable energy projects, including wind and solar power, as well as natural gas distribution.

Average Trading Volume: 11,892,712

Technical Sentiment Signal: Buy

Current Market Cap: HK$27.57B

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