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Shanghai REFIRE Group Approves Key Resolutions at 2025 EGM

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Shanghai REFIRE Group Approves Key Resolutions at 2025 EGM

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Shanghai REFIRE Group Ltd. Class H ( (HK:2570) ) has shared an announcement.

Shanghai REFIRE Group Ltd. held its 2025 fifth extraordinary general meeting, where key resolutions were passed. The meeting approved the adoption of the 2025 H Share Incentive Scheme and amendments to the Pre-IPO Share Option Scheme, both receiving over 99% approval. Additionally, a resolution concerning related party transactions for the sale of hydrogen fuel cell systems and components was passed with over 99% support. These decisions are expected to bolster the company’s strategic initiatives and strengthen its market position in the hydrogen fuel cell sector.

The most recent analyst rating on (HK:2570) stock is a Hold with a HK$137.00 price target. To see the full list of analyst forecasts on Shanghai REFIRE Group Ltd. Class H stock, see the HK:2570 Stock Forecast page.

More about Shanghai REFIRE Group Ltd. Class H

Shanghai REFIRE Group Ltd. is a company based in the People’s Republic of China, operating in the hydrogen fuel cell industry. It focuses on the development and sale of hydrogen fuel cell systems and components, aiming to enhance clean energy solutions.

Average Trading Volume: 92,049

Technical Sentiment Signal: Strong Sell

Current Market Cap: HK$12.58B

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

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