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Shandong Molong Petroleum Machinery ( (HK:0568) ) has issued an update.
Shandong Molong Petroleum Machinery Company Limited has announced the convening of its first H Shares class meeting in 2025, scheduled for December 31, 2025, in Shouguang City, Shandong Province, China. The meeting will address special resolutions concerning proposed amendments to the company’s articles of association and the rules of procedure for shareholders’ meetings, potentially impacting the company’s governance and operational framework.
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 the production and supply of 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
Learn more about 0568 stock on TipRanks’ Stock Analysis page.