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Shanghai Electric Announces Key Resolutions for Upcoming EGM

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Shanghai Electric Announces Key Resolutions for Upcoming EGM

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Shanghai Electric Group Company ( (HK:2727) ) just unveiled an update.

Shanghai Electric Group Company Limited has announced an extraordinary general meeting scheduled for August 8, 2025, to consider key resolutions. These include a proposal for Shanghai Electric Automation Group Hong Kong Co., Ltd. to provide a guarantee of Euro 300 million to Broetje-Automation GmbH and its subsidiaries, and the abolishment of the Supervisory Committee with amendments to the Articles of Association. These resolutions could significantly impact the company’s operational structure and financial commitments, potentially affecting its market positioning and stakeholder interests.

The most recent analyst rating on (HK:2727) stock is a Sell with a HK$1.93 price target. To see the full list of analyst forecasts on Shanghai Electric Group Company stock, see the HK:2727 Stock Forecast page.

More about Shanghai Electric Group Company

Shanghai Electric Group Company Limited is a joint stock limited company incorporated in the People’s Republic of China. It operates in the industrial sector, focusing on providing automation solutions and equipment manufacturing. The company is known for its involvement in power generation, industrial equipment, and integrated services.

Average Trading Volume: 29,735,662

Technical Sentiment Signal: Strong Buy

Current Market Cap: HK$112.4B

For an in-depth examination of 2727 stock, go to TipRanks’ Overview page.

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