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Sichuan Energy Investment Announces Governance Reforms and Board Changes

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Sichuan Energy Investment Announces Governance Reforms and Board Changes

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An announcement from Sichuan Energy Investment Development Co., Ltd. Class H ( (HK:1713) ) is now available.

Sichuan Energy Investment Development Co., Ltd. has announced a series of corporate governance changes, including the proposed abolition of its Supervisory Committee and amendments to its Articles of Association. These changes are part of a broader effort to align with state-owned enterprise reform guidelines and will shift the duties of the Supervisory Committee to the Audit Committee. Additionally, the company has announced the resignation of non-executive director Mr. Kong Ce, with a new appointment proposed to fill the vacancy. These developments are expected to streamline the company’s governance structure and enhance its compliance with regulatory standards.

The most recent analyst rating on (HK:1713) stock is a Hold with a HK$2.50 price target. To see the full list of analyst forecasts on Sichuan Energy Investment Development Co., Ltd. Class H stock, see the HK:1713 Stock Forecast page.

More about Sichuan Energy Investment Development Co., Ltd. Class H

Sichuan Energy Investment Development Co., Ltd. is a joint stock company incorporated in the People’s Republic of China, focusing on energy investment and development. The company operates within the energy sector, with a particular emphasis on state-owned enterprise reform and compliance with national and provincial regulations.

Average Trading Volume: 176,304

Technical Sentiment Signal: Buy

Current Market Cap: HK$2.71B

For detailed information about 1713 stock, go to TipRanks’ Stock Analysis page.

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