China Coal Energy approves revamp and outlines 2025 strategy

China Coal Energy Co., Ltd. (SSE:601898) today announced the results of its 2024 Annual General Meeting (AGM) and associated class meetings, where shareholders approved key resolutions setting the stage for the company's strategic direction in 2025. Key outcomes include the approval of revised articles of association and new regulations, as well as authorization for the board to establish and implement a 2025 mid-year dividend plan. Approval was also given for the company's 2024 board and supervisory reports, financial statements, and profit distribution plans. The shareholders also ratified the capital expenditure budget for 2025, as well as the firm's audit reports, and approved the renewal of the general authorization to issue debt financing instruments. The shareholders also approved the firm's 2025 remuneration for its directors and supervisors.