CGN Power Co. Wins Shareholder Approval for Key Resolution

CGN Power Co (HK:1816) has released an update.

CGN Power Co. successfully passed a resolution at its 2024 Second Extraordinary General Meeting, focusing on extending its controlling shareholder’s commitments to avoid horizontal competition. The meeting saw a high approval rate, with nearly 99.74% of shareholders voting in favor of the proposal. This move could strengthen CGN Power’s position in the market, offering potential growth opportunities for investors.

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