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Sinopec Kantons Holdings ( (HK:0934) ) just unveiled an announcement.
Huade Petrochemical, a wholly owned subsidiary of Sinopec Kantons Holdings, has signed a fire services agreement with Sinopec Henan Petroleum Exploration under which a professional fire brigade of more than 50 personnel will be stationed at Huade’s facilities for two years from 1 January 2026. The RMB12.04 million contract, awarded via open tender and funded from internal resources, covers fire control room operations, emergency firefighting, maintenance of fire‑fighting equipment, participation in safety and emergency drills, and support in handling terrorism‑related incidents, and is classified as a connected transaction under Hong Kong listing rules, triggering reporting and announcement obligations but exempting the company from independent shareholder approval.
The most recent analyst rating on (HK:0934) stock is a Hold with a HK$4.50 price target. To see the full list of analyst forecasts on Sinopec Kantons Holdings stock, see the HK:0934 Stock Forecast page.
More about Sinopec Kantons Holdings
Sinopec Kantons Holdings Limited is an energy and petrochemical infrastructure company with operations including storage, transportation and ancillary services for petroleum and petrochemical products. Through subsidiaries such as Huade Petrochemical, it supports refinery and trading activities within the wider Sinopec Group ecosystem, focusing on terminal, logistics and related operational services in mainland China and beyond.
Average Trading Volume: 2,452,120
Technical Sentiment Signal: Buy
Current Market Cap: HK$10.34B
For a thorough assessment of 0934 stock, go to TipRanks’ Stock Analysis page.