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Shengli Oil & Gas Pipe Holdings Updates on Connected Transactions in 2024 Annual Report

Story Highlights
  • Shengli Oil & Gas Pipe Holdings operates in the oil and gas industry, producing pipes.
  • The company addressed connected transactions in its 2024 Annual Report, confirming compliance.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Shengli Oil & Gas Pipe Holdings Updates on Connected Transactions in 2024 Annual Report

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Shengli Oil & Gas Pipe Holdings Ltd. ( (HK:1080) ) has provided an announcement.

Shengli Oil & Gas Pipe Holdings Ltd. has issued a supplemental announcement regarding its 2024 Annual Report, specifically addressing connected transactions. The company received financial assistance from related parties, including a current director, which was conducted on normal commercial terms and is exempt from certain reporting requirements under the Listing Rules. The announcement confirms compliance with disclosure requirements and states that no other connected transactions need to be disclosed.

More about Shengli Oil & Gas Pipe Holdings Ltd.

Shengli Oil & Gas Pipe Holdings Ltd. is a company incorporated in the Cayman Islands, primarily involved in the oil and gas industry. The company focuses on the production and supply of pipes and related products, catering to the needs of the oil and gas sector.

YTD Price Performance: 167.74%

Average Trading Volume: 12,908,864

Technical Sentiment Signal: Buy

Current Market Cap: HK$321.6M

See more insights into 1080 stock on TipRanks’ Stock Analysis page.

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