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Sinopec Shanghai Petrochemical Co ( (HK:0338) ) has provided an update.
Sinopec Shanghai Petrochemical Company Limited recently held its 2025 Second Extraordinary General Meeting, where all proposed resolutions were passed without objection. The meeting was attended by a significant number of shareholders, representing a substantial portion of the company’s voting shares. The resolutions included continuing connected transactions, with certain shareholders abstaining from voting in compliance with listing rules. The successful meeting underscores the company’s adherence to regulatory requirements and its commitment to transparent governance, potentially reinforcing stakeholder confidence.
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 major player in the petrochemical industry, primarily engaged in the production and distribution of petroleum and chemical products. It operates within the People’s Republic of China and focuses on providing a range of petrochemical products to both domestic and international markets.
Average Trading Volume: 10,690,400
Technical Sentiment Signal: Buy
Current Market Cap: HK$26.09B
See more data about 0338 stock on TipRanks’ Stock Analysis page.