Xin Lang Cai Jing·2025-08-29 17:33Core Viewpoint - China Shenhua Energy Co., Ltd. has released its latest company charter, which was approved by the first extraordinary general meeting of shareholders in 2025, marking the most recent revision since its initial approval in 2005 [1] Company Overview and Operations - China Shenhua was established on November 8, 2004, with a registered capital of RMB 19,868,519,955. The company aims to implement new development concepts, focusing on energy as its leading industry, and strives to build a comprehensive energy company with world-class value creation and sustainable development capabilities [2] Share Issuance and Structure - The company has issued a total of 19,868,519,955 ordinary shares, with A-share shareholders holding 16,491,037,955 shares (approximately 83% of total capital) and H-share shareholders holding 3,377,482,000 shares (approximately 17% of total capital). The founding shareholder, China Energy Investment Corporation, holds 13,812,709,196 A-shares, accounting for about 69.52% of total capital [3] Shareholder Rights and Meetings - Shareholders enjoy rights and obligations based on their share categories. The general meeting of shareholders is the company's authority, consisting of annual and extraordinary meetings. Annual meetings are held once a year, while extraordinary meetings are convened within two months under specific circumstances. Resolutions require a simple majority for ordinary resolutions and a two-thirds majority for special resolutions [4] Corporate Governance Structure - The company has established a party committee to provide leadership, with a board of directors consisting of nine members responsible for convening shareholder meetings and making key operational decisions. The board has several specialized committees, including the audit and risk committee, nomination committee, and compensation and assessment committee [5] Financial and Profit Distribution - The company adheres to legal regulations in its financial accounting system and discloses financial reports timely. After tax profits are allocated in a specific order, prioritizing cash dividends, which must be at least 35% of the net profit attributable to shareholders. The recent charter publication supports the company's standardized operations and sustainable development, providing important reference for investors regarding governance and operations [6]