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Dongfang Electric Announces Key Resolutions for 2025 EGM

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Dongfang Electric Announces Key Resolutions for 2025 EGM

Dongfang Electric ( (HK:1072) ) just unveiled an update.

Dongfang Electric Corporation Limited has announced its 2025 first extraordinary general meeting scheduled for March 14, 2025, in Chengdu, China. The meeting will address several key resolutions, including the renewal of the General Mandate to issue shares, the approval of a shareholder return plan for 2025-2027, and the election of Zhang Shaofeng as a director. These resolutions are significant as they aim to enhance the company’s governance and shareholder engagement, potentially impacting its strategic direction and market positioning.

More about Dongfang Electric

Dongfang Electric Corporation Limited operates in the high-tech industry sector, focusing on the development and manufacturing of power generation equipment and related services. The company is based in Chengdu, Sichuan Province, China, and is known for its contributions to the energy sector.

YTD Price Performance: 8.00%

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $6.09B

Learn more about 1072 stock on TipRanks’ Stock Analysis page.

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