Meet Samuel – Your Personal Investing Prophet
- Start a conversation with TipRanks’ trusted, data-backed investment intelligence
- Ask Samuel about stocks, your portfolio, or the market and get instant, personalized insights in seconds
Sinopec Shanghai Petrochemical Co ( (HK:0338) ) has shared an announcement.
Sinopec Shanghai Petrochemical Company Limited has called its first extraordinary general meeting for 2026, to be held on 3 March 2026 in Shanghai. Shareholders will vote on an ordinary resolution to approve the consolidation of Shanghai Jinshan Baling New Materials Co., Ltd. into the company’s financial statements, a move that would formally bring the subsidiary’s financials under Sinopec Shanghai Petrochemical’s reporting umbrella and could signal tighter operational and financial integration of its new materials business. The notice also outlines eligibility requirements and proxy arrangements for A and H share investors, underlining the company’s adherence to corporate governance procedures as it seeks shareholder approval for this structural change.
The most recent analyst rating on (HK:0338) stock is a Hold with a HK$1.50 price target. To see the full list of analyst forecasts on Sinopec Shanghai Petrochemical Co stock, see the HK:0338 Stock Forecast page.
More about Sinopec Shanghai Petrochemical Co
Sinopec Shanghai Petrochemical Company Limited is a joint stock company incorporated in the People’s Republic of China, operating in the petrochemical industry as part of the broader Sinopec group. Listed in Hong Kong and Shanghai, it is engaged in the production and sale of petrochemical products, serving both domestic and international markets through its A and H share structure.
Average Trading Volume: 15,431,686
Technical Sentiment Signal: Buy
Current Market Cap: HK$31.24B
See more data about 0338 stock on TipRanks’ Stock Analysis page.