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Yankuang Energy Group Announces Supplemental AGM Notice with Key Resolutions

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The latest announcement is out from Yankuang Energy Group Company Limited Class H ( (HK:1171) ).

Yankuang Energy Group Company Limited has announced a supplemental notice for its 2024 Annual General Meeting (AGM), scheduled for May 30, 2025. The board has received additional resolutions from its controlling shareholder, Shandong Energy Group, which will be considered at the AGM. These include approving the company’s 2024 financial statements, profit distribution plan, and various operational authorizations, such as financial guarantees and equity acquisition in Xibei Mining. The resolutions aim to enhance the company’s financial and operational capabilities, potentially impacting its market positioning and shareholder value.

The most recent analyst rating on (HK:1171) stock is a Hold with a HK$8.78 price target. To see the full list of analyst forecasts on Yankuang Energy Group Company Limited Class H stock, see the HK:1171 Stock Forecast page.

More about Yankuang Energy Group Company Limited Class H

Yankuang Energy Group Company Limited is a joint stock limited company incorporated in the People’s Republic of China. It operates within the energy sector, focusing primarily on coal production and related energy services. The company is a significant player in the energy market, with Shandong Energy Group Company Limited as its controlling shareholder.

Average Trading Volume: 28,604,423

Technical Sentiment Signal: Buy

Current Market Cap: HK$116.4B

See more insights into 1171 stock on TipRanks’ Stock Analysis page.

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