Sinopec Oilfield Service Reports Strong Shareholder Support at 2025 Meetings

Sinopec Oilfield Service ( (HK:1033) ) has provided an update.

Sinopec Oilfield Service Corporation announced the successful convening of its 2024 Annual General Meeting and the first A and H Shareholders Class Meetings for 2025. The meetings, held in Beijing, saw no rejections to the proposed resolutions, indicating strong shareholder support. The company also highlighted that a significant number of shares were represented at the meetings, reflecting robust engagement from both A and H shareholders. This outcome underscores Sinopec’s stable shareholder relations and potentially strengthens its position in the oilfield services industry.

The most recent analyst rating on (HK:1033) stock is a Buy with a HK$0.92 price target. To see the full list of analyst forecasts on Sinopec Oilfield Service stock, see the HK:1033 Stock Forecast page.

More about Sinopec Oilfield Service

Sinopec Oilfield Service Corporation is a joint stock limited company based in the People’s Republic of China, operating in the oilfield services industry. The company primarily provides integrated oilfield services, including drilling, well services, and geophysical services, with a focus on the Chinese market.

Average Trading Volume: 10,171,212

Technical Sentiment Signal: Buy

Current Market Cap: HK$31.45B

For an in-depth examination of 1033 stock, go to TipRanks’ Stock Analysis page.