Sichuan Energy proposes governance updates, inks construction deal

Sichuan Energy Investment Development Co., Ltd. (HKEX:1713) has announced proposed amendments to its Articles of Association and related procedural rules, alongside a connected transaction for construction services. The governance updates, involving the Articles of Association, Board meeting procedures, general meeting procedures, and Supervisory Committee procedures, come in light of China's new Company Law, revised listing rules in Hong Kong, and provincial guidelines. These changes aim to standardize corporate governance practices. Shareholders will vote on these amendments at the upcoming annual general meeting.