tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Datang Power Shareholders Back 2025 Internal Control Mandate and 2026 Financing Plan

Story Highlights
  • Datang Power’s EGM, with nearly 70% share turnout, was properly convened and chaired in Beijing.
  • Shareholders approved engaging a 2025 internal control auditor and endorsed the 2026 parent financing plan.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Datang Power Shareholders Back 2025 Internal Control Mandate and 2026 Financing Plan

Claim 70% Off TipRanks Premium

An announcement from Datang International Power Generation Co ( (HK:0991) ) is now available.

Datang International Power Generation Co., Ltd. announced that its 2025 third extraordinary general meeting, held in Beijing on 30 December 2025 with a turnout representing about 69.79% of its issued share capital, was duly convened in compliance with PRC company law and the company’s articles of association. Shareholders overwhelmingly approved an ordinary resolution to engage an internal control accounting firm for 2025 and passed a special resolution endorsing the parent company’s financing proposal for 2026, decisions that reinforce the company’s internal governance framework and secure board and shareholder backing for its near‑term funding strategy, with no voting restrictions or mandatory abstentions reported among shareholders.

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 and listed in Hong Kong, operating in the power generation industry. The company focuses on producing and supplying electricity, and it is overseen by a board of 15 directors, including both executive and independent non-executive directors, reflecting its status as a major state-linked utility player in China’s energy sector.

Average Trading Volume: 22,195,224

Technical Sentiment Signal: Strong Buy

Current Market Cap: HK$65.71B

For detailed information about 0991 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