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The latest announcement is out from China Sanjiang Fine Chemicals Co., Ltd. ( (HK:2198) ).
China Sanjiang Fine Chemicals Co., Ltd. announced a delay in the dispatch of a circular related to non-exempt continuing connected transactions with Mei Fu Petrochemical and Blue Whale Bioenergy. The circular, which includes details on agreements for naphtha, steam, liquefied petroleum gas, and fuel gas, as well as recommendations from the Independent Board Committee and advice from the Independent Financial Adviser, will now be sent to shareholders by December 31, 2025. This delay may affect the company’s timeline for shareholder engagement and decision-making processes.
The most recent analyst rating on (HK:2198) stock is a Hold with a HK$3.00 price target. To see the full list of analyst forecasts on China Sanjiang Fine Chemicals Co., Ltd. stock, see the HK:2198 Stock Forecast page.
More about China Sanjiang Fine Chemicals Co., Ltd.
China Sanjiang Fine Chemicals Co., Ltd. operates in the chemical industry, focusing on the production and sale of fine chemicals. The company engages in various transactions related to petrochemical products and energy resources.
Average Trading Volume: 4,059,524
Technical Sentiment Signal: Buy
Current Market Cap: HK$3.44B
See more data about 2198 stock on TipRanks’ Stock Analysis page.