Anyuan Coal proposes director changes, asset restructuring

Anyuan Coal Industry Group (SSE:600397) announced plans for upcoming director elections and a significant asset restructuring. The board proposes nominating a new slate of directors for election at the 2024 annual general meeting, including non-independent directors Xiong Xuqing, Pan Changfu, and Bi Lijun, along with independent director candidates Xu Guanghua, Liu Zhenlin, and Meng Xiangyun. Also at the meeting, company leaders reviewed the firm's performance in 2024.