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Shanghai REFIRE Clarifies Energy Project and Governance Plans

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Shanghai REFIRE Clarifies Energy Project and Governance Plans

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Shanghai REFIRE Group Ltd. Class H ( (HK:2570) ) has issued an update.

Shanghai REFIRE Group Ltd. has issued a clarification regarding its previous announcements, specifically about Sailafu REFIRE, a subsidiary involved in solar power and hydrogen energy projects. The company has confirmed no interim dividend for the first half of 2025 and highlighted proposed related party transactions, a connected transaction, and amendments to corporate governance policies, indicating a strategic focus on expanding its energy technology services and governance framework.

More about Shanghai REFIRE Group Ltd. Class H

Shanghai REFIRE Group Ltd. is a company based in China, primarily engaged in solar power generation technology services and the research and development of emerging energy technologies. It focuses on developing the hydrogen energy market in northwestern China, particularly through the Taiyang Mountain Integrated Project for green hydrogen production, storage, transportation, and utilization.

Average Trading Volume: 65,354

Technical Sentiment Signal: Strong Sell

Current Market Cap: HK$13.9B

For detailed information about 2570 stock, go to TipRanks’ Stock Analysis page.

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