tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Datang Environment Wins Unanimous Shareholder Backing for Articles Amendments and New Debt Issuance Mandate

Story Highlights
  • Shareholders approved all resolutions at the 29 December ESM, with about 81% of issued shares represented and voting by poll.
  • Investors cleared amendments to the articles and authorised domestic registration and issuance of multiple debt instruments, boosting financing flexibility.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Datang Environment Wins Unanimous Shareholder Backing for Articles Amendments and New Debt Issuance Mandate

Claim 70% Off TipRanks Premium

Datang Environment Industry Group Co., Ltd. Class H ( (HK:1272) ) just unveiled an update.

Datang Environment Industry Group Co., Ltd. reported that shareholders at its 29 December 2025 extraordinary shareholders’ meeting in Beijing approved all resolutions by poll, with participation representing about 81% of the company’s issued share capital and full compliance with PRC company law and its articles of association. Investors backed amendments to the company’s articles of association and granted approval for the domestic registration and issuance of a range of debt financing instruments, including super short-term commercial paper, short-term commercial paper and medium-term notes, while also authorising the board and its chairman to handle all related matters, thereby enhancing the company’s flexibility to tap onshore debt markets and potentially broaden its financing channels.

The most recent analyst rating on (HK:1272) stock is a Buy with a HK$1.50 price target. To see the full list of analyst forecasts on Datang Environment Industry Group Co., Ltd. Class H stock, see the HK:1272 Stock Forecast page.

More about Datang Environment Industry Group Co., Ltd. Class H

Datang Environment Industry Group Co., Ltd. is a joint stock company incorporated in the People’s Republic of China and listed in Hong Kong, operating in the environmental protection and related industrial services sector, with its H shares traded under stock code 1272.

Average Trading Volume: 160,134

Technical Sentiment Signal: Buy

Current Market Cap: HK$3.18B

For detailed information about 1272 stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1