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Xinte Energy Co., Ltd. Class H ( (HK:1799) ) just unveiled an update.
Xinte Energy Co., Ltd. has announced the poll results of its fourth extraordinary general meeting of 2025 and related class meetings for H shareholders and domestic shareholders, where all proposed resolutions were duly passed by substantial majorities. Shareholders approved the appointment of Hu Youcheng as a non-executive director, the abolishment of the company’s supervisory board, and two sets of amendments to the Articles of Association, indicating a significant change in the company’s governance structure and internal rules that may streamline oversight and decision-making processes for stakeholders.
The most recent analyst rating on (HK:1799) stock is a Hold with a HK$7.50 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 PRC-incorporated company listed in Hong Kong, operating in the energy sector and based in Urumqi, Xinjiang. It has both domestic shares and H shares, reflecting a dual-shareholding structure that targets mainland Chinese and international investors through the Hong Kong market.
Average Trading Volume: 2,509,606
Technical Sentiment Signal: Sell
Current Market Cap: HK$10.41B
Learn more about 1799 stock on TipRanks’ Stock Analysis page.