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Shandong Molong Petroleum Machinery ( (HK:0568) ) has shared an update.
Shandong Molong Petroleum Machinery Company Limited has announced the convening of its second extraordinary general meeting in 2025, scheduled for December 31st. The meeting will address several special resolutions, including proposed amendments to the company’s articles of association and procedural rules for shareholder and board meetings, reflecting a strategic move to potentially enhance governance and operational efficiency.
The most recent analyst rating on (HK:0568) stock is a Hold with a HK$4.00 price target. To see the full list of analyst forecasts on Shandong Molong Petroleum Machinery stock, see the HK:0568 Stock Forecast page.
More about Shandong Molong Petroleum Machinery
Shandong Molong Petroleum Machinery Company Limited is a Sino-foreign joint venture based in the People’s Republic of China. The company operates in the petroleum machinery industry, focusing on manufacturing and supplying equipment and machinery for the oil and gas sector.
YTD Price Performance: 170.25%
Average Trading Volume: 44,587,610
Technical Sentiment Signal: Buy
Current Market Cap: HK$4.7B
See more insights into 0568 stock on TipRanks’ Stock Analysis page.