CIG's stock price surged 5.22% during intraday trading on Wednesday, reflecting strong positive investor sentiment.
The significant price movement follows the company's release of an updated Articles of Association, which details comprehensive corporate governance upgrades. The amendments include a clarified dividend policy framework with minimum cash payout thresholds, enhanced board composition with specialized committees, and strengthened shareholder rights and transparency measures, aligning the company with dual-listing requirements.
Additionally, the company confirmed the distribution of a final ordinary dividend of RMB 0.28 per share for the fiscal year ended December 31, 2025, with payment scheduled for late June 2026. The combination of improved governance standards and a concrete return to shareholders appears to have driven the bullish market reaction.