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Huaneng Power International ( (HK:0902) ) has shared an update.
Huaneng Power International, Inc. announced that all resolutions proposed at its second extraordinary general meeting of 2025, held in Beijing on 23 December, were duly passed by poll, with the meeting convened and conducted in full compliance with PRC company law, Hong Kong listing requirements and the company’s articles of association. The meeting, which included changes to the composition of the board of directors, saw active shareholder participation, with more than 62% of voting shares represented, while several major connected shareholders, collectively holding about 46.23% of issued shares, were required to and did abstain from voting on two of the resolutions, underscoring adherence to related-party and corporate governance rules that are important to minority investors and overall market confidence.
The most recent analyst rating on (HK:0902) stock is a Hold with a HK$7.00 price target. To see the full list of analyst forecasts on Huaneng Power International stock, see the HK:0902 Stock Forecast page.
More about Huaneng Power International
Huaneng Power International, Inc. is a major Chinese electric power producer, listed in Hong Kong, with A shares and H shares held by a broad base of domestic and international investors. The company operates under the regulatory framework of the PRC Company Law and Hong Kong Listing Rules, reflecting its role as a key state-linked utility in China’s energy sector and capital markets.
Average Trading Volume: 26,663,174
Technical Sentiment Signal: Buy
Current Market Cap: HK$124.1B
Find detailed analytics on 0902 stock on TipRanks’ Stock Analysis page.