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Datang International Proposes Governance Amendments Amid Regulatory Changes

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Datang International Proposes Governance Amendments Amid Regulatory Changes

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Datang International Power Generation Co ( (HK:0991) ) has shared an announcement.

Datang International Power Generation Co., Ltd. has announced proposed amendments to its Articles of Association, Procedural Rules for the General Meeting, and Procedural Rules for the Board of Directors, alongside the abolishment of its Supervisory Committee. This move follows recent regulatory changes in China and aims to streamline the company’s governance structure by transferring the Supervisory Committee’s functions to the Audit Committee. These changes are subject to shareholder approval and reflect the company’s adaptation to new regulatory environments, potentially impacting its operational efficiency and governance.

More about Datang International Power Generation Co

Datang International Power Generation Co., Ltd. is a sino-foreign joint stock limited company incorporated in the People’s Republic of China. It operates in the power generation industry, focusing on the production and supply of electricity.

Average Trading Volume: 29,215,650

Technical Sentiment Signal: Buy

Current Market Cap: HK$54.79B

Learn more about 0991 stock on TipRanks’ Stock Analysis page.

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