PetroChina Shareholders Approve Board Appointments and Governance Overhaul at 2025 EGM
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PetroChina's 2025 extraordinary general meeting approved board appointments and governance changes, including the election of new directors and the abolition of the supervisory committee. These changes aim to restructure PetroChina's oversight framework, aligning it with regulatory and market expectations. The meeting saw high shareholder participation, with over 86% voting shares represented. PetroChina is a major Chinese oil and gas company, with shares listed in China and Hong Kong. The latest analyst rating for its stock is a Buy with a HK$10.00 price target.
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