China Power approves asset restructuring at general meeting

China Power International Development Limited (HKEX:2380) secured shareholder approval for its proposed asset restructuring at a general meeting held on June 24, 2025. According to poll results, 99.1798% of votes were cast in favor of the ordinary resolution, with 0.8202% against. The resolution encompassed the approval, confirmation, and ratification of the Formal Restructuring Agreements and Formal Restructuring Ancillary Undertakings, relating to the asset restructuring. Shareholders also authorized the company directors to execute necessary agreements and documents to facilitate the restructuring. A total of 4,293,317,808 shares were eligible to vote on the resolution, excluding those held by SPIC associates, who were required to abstain.