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Jilin Province Chuncheng Heating Company Limited Class H ( (HK:1853) ) has provided an announcement.
Shareholders of Jilin Province Chuncheng Heating Company Limited approved all resolutions at the 2025 annual general meeting held in Changchun, with about 75% of issued share capital represented. The meeting endorsed the directors’ work report, 2025 financial statements and annual report, the 2026 budget, and the profit distribution plan, as well as director remuneration for 2026 and the reappointment of BDO China SHU LUN PAN as auditor.
Investors also backed amendments to the Articles of Association and granted the board a general mandate to issue additional domestic and H shares, with the share issuance mandate receiving near-unanimous support. The decisions collectively confirm strong shareholder alignment with management, maintain continuity in auditing arrangements, and give the company added flexibility for future capital-raising or strategic financing activities.
More about Jilin Province Chuncheng Heating Company Limited Class H
Jilin Province Chuncheng Heating Company Limited is a PRC-incorporated joint stock limited company engaged in the provision of heating services, with both domestic shares and H shares listed in Hong Kong. The company operates in the urban heating sector in Changchun, Jilin Province, serving residential and commercial users under a regulated utility framework.
Average Trading Volume: 16,666
Technical Sentiment Signal: Buy
Current Market Cap: HK$821.4M
For a thorough assessment of 1853 stock, go to TipRanks’ Stock Analysis page.