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Datang Power Announces Strategic Merger and Auditor Engagement

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Datang Power Announces Strategic Merger and Auditor Engagement

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Datang International Power Generation Co ( (HK:0991) ) just unveiled an announcement.

Datang International Power Generation Co., Ltd. announced the resolutions approved at its board meeting, including the merger of Alashanzuoqi Electric Power Company with Alashanzuoqi Datang Renewable Power Company. Additionally, the company engaged Zhongxinghua Certified Public Accountants LLP as its internal control auditor for 2025. These strategic decisions are expected to streamline operations and enhance financial oversight, potentially impacting the company’s market positioning and stakeholder interests.

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 limited company incorporated in the People’s Republic of China. It operates in the power generation industry, focusing on electric power production and renewable energy projects.

Average Trading Volume: 32,816,113

Technical Sentiment Signal: Strong Buy

Current Market Cap: HK$60.49B

See more data about 0991 stock on TipRanks’ Stock Analysis page.

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