PetroChina shareholders approve key resolutions at annual meeting

PetroChina Company Limited (SSE:601857) announced the resolutions passed at its 2024 Annual General Meeting of Shareholders, the 2025 First A Shareholders Class Meeting, and the 2025 First H Shareholders Class Meeting. Key approvals included the 2024 Board of Directors' Report, the 2024 Supervisory Board Report, and the 2024 financial report. The proposed 2024 profit distribution plan was also approved. Shareholders authorized the board to decide on the 2025 interim profit distribution plan and to issue debt financing instruments. A general mandate was given to the board to repurchase shares. The company's 2025 guarantee plan was approved, as well as the engagement of auditors for 2025. Directors were elected. At the A shares class meeting, shareholders approved giving the board the general mandate to repurchase shares. Similar approval was given at the H shares class meeting. All resolutions passed with overwhelming majority votes, often exceeding 99% approval from participating shareholders.