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An announcement from Datang International Power Generation Co ( (HK:0991) ) is now available.
Datang International Power Generation Co., Ltd. announced that its 2026 first extraordinary general meeting was duly convened in Beijing in compliance with PRC company law and its articles of association, with approximately 69.98% of issued shares represented. The meeting was chaired by Chairman Li Xiaofei, with 14 of the 15 incumbent directors in attendance and no shareholders subject to voting restrictions.
Shareholders approved an ordinary resolution authorizing the provision of financial assistance to the company’s joint ventures, with about 97.68% of votes cast in favour. The high level of support indicates strong shareholder backing for Datang International’s strategy of supporting its joint ventures, which may enhance operational flexibility and reinforce its position within the power generation sector.
The most recent analyst rating on (HK:0991) stock is a Hold with a HK$2.50 price target. To see the full list of analyst forecasts on Datang International Power Generation Co stock, see the HK:0991 Stock Forecast page.
More about Datang International Power Generation Co
Datang International Power Generation Co., Ltd. is a Sino-foreign joint stock company incorporated in the People’s Republic of China and listed in Hong Kong. The company operates in the power generation industry, focusing on producing and supplying electricity, with its shareholder base including both domestic and international investors.
Average Trading Volume: 29,093,502
Technical Sentiment Signal: Buy
Current Market Cap: HK$78.67B
For an in-depth examination of 0991 stock, go to TipRanks’ Overview page.