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Shanghai Electric Group Company ( (HK:2727) ) has issued an announcement.
Shanghai Electric Group Company Limited successfully held its Extraordinary General Meeting (EGM) on December 15, 2025, where all proposed resolutions were passed. The meeting saw significant shareholder participation, with over 54% of shares represented. Key resolutions included the approval of continuing connected transactions under two framework agreements and the appointment of Dr. Chen Xinyuan as an independent non-executive director. The results of the EGM reflect strong shareholder support and compliance with regulatory requirements, indicating a stable governance structure and strategic alignment for future operations.
The most recent analyst rating on (HK:2727) stock is a Hold with a HK$4.00 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 major player in the manufacturing industry, primarily focusing on the production of power generation equipment, industrial equipment, and integration services. The company is based in China and is listed on the Hong Kong Stock Exchange, catering to both domestic and international markets.
YTD Price Performance: 54.77%
Average Trading Volume: 84,824,871
Technical Sentiment Signal: Strong Buy
Current Market Cap: HK$134.8B
Learn more about 2727 stock on TipRanks’ Stock Analysis page.