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Datang International Announces Board Resolutions and Major Investment

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Datang International Announces Board Resolutions and Major Investment

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The latest announcement is out from Datang International Power Generation Co ( (HK:0991) ).

Datang International Power Generation Co., Ltd. announced the resolutions of its Board of Directors meeting, which included the proposal for the re-election and election of directors for the twelfth session of the Board. The company also approved the engagement of Baker Tilly China and Baker Tilly Hong Kong Limited as auditors for 2025 and agreed to invest approximately RMB7.296 billion in the construction of the Chongqing Wulong Yinpan 1.2 million KW pumped storage power station project. These decisions are expected to strengthen the company’s governance and expand its energy production capabilities, potentially enhancing its market position.

More about Datang International Power Generation Co

Datang International Power Generation Co., Ltd. is a sino-foreign joint stock limited company incorporated in the People’s Republic of China. It operates in the power generation industry, focusing on the production and supply of electricity.

Average Trading Volume: 29,215,650

Technical Sentiment Signal: Buy

Current Market Cap: HK$54.79B

Find detailed analytics on 0991 stock on TipRanks’ Stock Analysis page.

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