Xinte Energy Co., Ltd. AGM Resolutions Passed with Strong Support

The latest update is out from Xinte Energy Co., Ltd. Class H ( (HK:1799) ).

Xinte Energy Co., Ltd. held its Annual General Meeting (AGM) on June 18, 2025, where all proposed resolutions were passed with overwhelming support. The AGM included approvals for the company’s 2024 financial accounts, profit distribution plan, and reappointment of auditors for 2025. TBEA Group, a major shareholder, abstained from voting on one resolution due to a material interest, but no other shareholders abstained or voted against any resolutions. The successful passage of these resolutions reflects strong shareholder confidence and positions the company for continued operational stability and growth.

The most recent analyst rating on (HK:1799) stock is a Buy with a HK$9.40 price target. To see the full list of analyst forecasts on Xinte Energy Co., Ltd. Class H stock, see the HK:1799 Stock Forecast page.

More about Xinte Energy Co., Ltd. Class H

Xinte Energy Co., Ltd. is a joint stock company incorporated in the People’s Republic of China, primarily operating in the energy sector. The company focuses on providing energy solutions and services, with a significant presence in the domestic market, particularly through its substantial domestic shareholding.

Average Trading Volume: 1,712,673

Technical Sentiment Signal: Sell

Current Market Cap: HK$6.85B

See more insights into 1799 stock on TipRanks’ Stock Analysis page.