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Rept Battero Energy Company Ltd Class H ( (HK:0666) ) has shared an update.
REPT Battero Energy Co., Ltd. has announced its intention to abolish its Supervisory Committee and amend its Articles of Association and related procedural rules, in compliance with new regulatory guidelines set by the China Securities Regulatory Commission. This strategic move is aimed at streamlining corporate governance by transferring the Supervisory Committee’s responsibilities to the Audit Committee, thereby potentially enhancing operational efficiency and aligning with updated legal frameworks. The changes are subject to shareholder approval at an upcoming extraordinary general meeting, with implications for the company’s governance structure and stakeholder engagement.
The most recent analyst rating on (HK:0666) stock is a Hold with a HK$14.00 price target. To see the full list of analyst forecasts on Rept Battero Energy Company Ltd Class H stock, see the HK:0666 Stock Forecast page.
More about Rept Battero Energy Company Ltd Class H
REPT Battero Energy Co., Ltd. is a joint stock company incorporated in the People’s Republic of China, operating within the energy sector. The company is involved in the production and distribution of energy-related products and services, with a focus on the domestic market.
Average Trading Volume: 10,165,263
Technical Sentiment Signal: Hold
Current Market Cap: HK$31.31B
See more insights into 0666 stock on TipRanks’ Stock Analysis page.