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Dongfang Electric Announces Key Decisions from AGM and Class Meetings

Story Highlights
  • Dongfang Electric held its AGM and class meetings, approving a final dividend and new appointments.
  • The meetings were conducted lawfully, impacting governance and strategic direction with over 62% voting rights represented.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Dongfang Electric Announces Key Decisions from AGM and Class Meetings

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The latest update is out from Dongfang Electric ( (HK:1072) ).

Dongfang Electric Corporation Limited held its 2024 Annual General Meeting, along with the 2025 First A Shares and H Shares Class Meetings, on June 24, 2025. Key outcomes included the approval of a final dividend payment, the appointment of a new director and chairman, and changes to the composition of board committees. The meetings were conducted with lawful and valid procedures, with over 62% of voting rights represented. These developments are expected to impact the company’s governance structure and potentially influence its strategic direction.

The most recent analyst rating on (HK:1072) stock is a Hold with a HK$12.30 price target. To see the full list of analyst forecasts on Dongfang Electric stock, see the HK:1072 Stock Forecast page.

More about Dongfang Electric

Dongfang Electric Corporation Limited operates in the manufacturing industry, focusing on the production of power generation equipment and providing related services. The company is a significant player in the energy sector, particularly in China, where it serves a wide range of stakeholders, including government bodies and private enterprises.

Average Trading Volume: 4,461,185

Technical Sentiment Signal: Strong Buy

Current Market Cap: HK$58.17B

See more data about 1072 stock on TipRanks’ Stock Analysis page.

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