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Henan Jinyuan Shareholders Approve New Supply and By-product Framework Agreements

Story Highlights
  • Shareholders approved six new framework agreements governing key sales and purchases.
  • The poll-backed resolutions secure visibility on major supply-chain transactions despite controller abstention.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Henan Jinyuan Shareholders Approve New Supply and By-product Framework Agreements

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Henan Jinyuan Hydrogenated Chemicals Co., Ltd. Class H ( (HK:2502) ) has issued an update.

Henan Jinyuan Hydrogenated Chemicals Co., Ltd. announced that shareholders approved all six ordinary resolutions at its extraordinary general meeting held on 31 December 2025, endorsing a series of new framework agreements covering the sale of by-products, purchases of crude coking coal gas, crude benzene and coke granule coal gas raw materials, miscellaneous procurement, and the Yugang Coking supply arrangements, together with their respective annual caps. The resolutions, passed by a 100% poll among the 40 million H shares voted, formalise the company’s key related-party and supply-chain transactions for coming periods, providing clearer visibility on raw material sourcing and by-product sales, although the controlling shareholder Jinma Energy and its associates, holding 75% of issued shares, abstained from voting in line with listing rules.

The most recent analyst rating on (HK:2502) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on Henan Jinyuan Hydrogenated Chemicals Co., Ltd. Class H stock, see the HK:2502 Stock Forecast page.

More about Henan Jinyuan Hydrogenated Chemicals Co., Ltd. Class H

Henan Jinyuan Hydrogenated Chemicals Co., Ltd. is a PRC-incorporated joint stock company listed in Hong Kong, operating in the chemicals sector with a focus on hydrogenated chemical products and related by-products. Its business involves the purchase of crude coking coal gas, crude benzene and coke granule coal gas raw materials, as well as the sale of by-products and other miscellaneous purchases within its industrial supply chain.

Average Trading Volume: 234,117

Technical Sentiment Signal: Strong Sell

Current Market Cap: HK$685.7M

For an in-depth examination of 2502 stock, go to TipRanks’ Overview page.

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