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Sinopec Shanghai Petrochemical Secures Shareholder Support at Key Meetings

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Sinopec Shanghai Petrochemical Secures Shareholder Support at Key Meetings

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Sinopec Shanghai Petrochemical Co ( (HK:0338) ) just unveiled an update.

Sinopec Shanghai Petrochemical Company Limited announced the successful passing of resolutions at its 2024 Annual General Meeting and the first class meetings for A and H shareholders for 2025. The meetings, held on June 11, 2025, saw significant shareholder participation with no objections to the proposed resolutions. This indicates strong shareholder support and could positively impact the company’s strategic decisions and future operations.

The most recent analyst rating on (HK:0338) stock is a Hold with a HK$3.70 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 limited company incorporated in the People’s Republic of China. It operates in the petrochemical industry, focusing on the production and distribution of petrochemical products.

Average Trading Volume: 11,453,025

Technical Sentiment Signal: Buy

Current Market Cap: HK$26.57B

For an in-depth examination of 0338 stock, go to TipRanks’ Stock Analysis page.

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