Sou Hu Cai Jing·2025-11-22 19:40Core Viewpoint - Huadian International (600027) has experienced a decline in stock price, closing at 5.1 yuan, down 3.23% from the previous week, with a current market capitalization of 59.22 billion yuan, ranking 15th in the power sector and 273rd in the A-share market [1] Company Announcements - The 29th meeting of the 10th Board of Directors was held on November 18, 2025, where the board approved the election of new members to the Strategic Committee and Audit Committee, and authorized the board secretary to modify and publish 16 related management systems [2] - The third extraordinary general meeting of shareholders was convened on November 18, 2025, where resolutions were passed to amend the Articles of Association and abolish the Supervisory Board, with the meeting being legally validated by Beijing Haiwen Law Firm [3][4] - The Articles of Association were amended to establish a board of 12 directors, including one employee director, with Zhu Yueguang elected as the employee director [5][9] Governance Structure - The latest revision of the Articles of Association, approved on November 18, 2025, outlines the governance structure, including the roles and rules of the shareholders' meeting, board of directors, and supervisory board, with a registered capital of 11.61 billion yuan [6] - The updated management system includes various regulations aimed at enhancing corporate governance and internal control, approved by the 29th meeting of the 10th Board of Directors [7]