China Petroleum & Chemical ( (HK:0386) ) has shared an announcement.
China Petroleum & Chemical Corporation (Sinopec Corp.) has announced its Annual General Meeting (AGM) for 2024 and the first H Shareholders Class Meeting for 2025, scheduled for May 28, 2025, in Beijing. Key resolutions to be discussed include the approval of financial reports for 2024, a profit distribution plan with a final cash dividend of RMB0.14 per share, the re-appointment of KPMG as auditors, and authorization for the issuance of debt financing instruments up to RMB80 billion. These measures are aimed at enhancing the company’s financial flexibility and operational capabilities.
More about China Petroleum & Chemical
China Petroleum & Chemical Corporation, also known as Sinopec Corp., is a major player in the energy sector, primarily involved in the exploration, production, and distribution of petroleum and chemical products. The company is focused on both domestic and international markets, providing a wide range of energy solutions.
YTD Price Performance: -10.21%
Average Trading Volume: 16,776
Technical Sentiment Signal: Buy
Current Market Cap: $89.67B
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