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Huaneng Power Proposes Governance Changes Amid Regulatory Shifts

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Huaneng Power Proposes Governance Changes Amid Regulatory Shifts

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Huaneng Power International ( (HK:0902) ) has shared an update.

Huaneng Power International, Inc. has announced proposed amendments to its Articles of Association and the abolition of its supervisory committee. These changes are in response to recent regulatory updates in China, which include the repeal of certain regulations and the introduction of new guidelines by the China Securities Regulatory Commission. The amendments will see the supervisory committee’s duties transferred to an audit committee under the board of directors, aligning with the amended Company Law and other relevant regulations.

The most recent analyst rating on (HK:0902) stock is a Buy with a HK$5.00 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

Average Trading Volume: 38,122,804

Technical Sentiment Signal: Strong Buy

Current Market Cap: HK$108.3B

Learn more about 0902 stock on TipRanks’ Stock Analysis page.

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