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United Strength Power Wins Shareholder Approval for 2026 Petroleum and Refined Oil Supply Deals

Story Highlights
  • Shareholders unanimously approved the 2026 Petroleum Supply Agreement and its annual caps.
  • The 2026 Refined Oil Products Supply Agreement and related caps were endorsed, securing supply visibility to 2028.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
United Strength Power Wins Shareholder Approval for 2026 Petroleum and Refined Oil Supply Deals

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United Strength Power Holdings Ltd. ( (HK:2337) ) has shared an announcement.

United Strength Power Holdings Ltd., a Cayman Islands-incorporated company listed in Hong Kong, held an extraordinary general meeting on 30 December 2025 at which shareholders voted on key supply agreements for its operations. At the meeting, shareholders unanimously approved, by poll, all resolutions relating to the company’s 2026 Petroleum Supply Agreement and 2026 Refined Oil Products Supply Agreement, including their respective annual caps for the financial years ending 31 December 2026, 2027 and 2028, and authorised directors to take all necessary actions to implement these agreements. The passage of these resolutions secures the company’s contractual framework for petroleum and refined oil product supplies over the next three years, providing greater visibility on future supply arrangements and supporting continuity in its core business activities.

The most recent analyst rating on (HK:2337) stock is a Hold with a HK$2.00 price target. To see the full list of analyst forecasts on United Strength Power Holdings Ltd. stock, see the HK:2337 Stock Forecast page.

More about United Strength Power Holdings Ltd.

Average Trading Volume: 592,796

Technical Sentiment Signal: Strong Sell

Current Market Cap: HK$636.7M

For a thorough assessment of 2337 stock, go to TipRanks’ Stock Analysis page.

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