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Yanchang Petroleum International Calls Virtual SGM to Approve Loan Renewal

Story Highlights
  • Yanchang Petroleum International will hold a virtual special general meeting on 15 January 2026 to seek shareholder approval for a Loan Renewal Request Notice and related transactions.
  • The company proposes authorizing a director to handle all necessary documentation and administrative changes for implementing the renewed loan, formalizing its financing arrangements and internal mandate.
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Yanchang Petroleum International Calls Virtual SGM to Approve Loan Renewal

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Yanchang Petroleum International Limited ( (HK:0346) ) has provided an update.

Yanchang Petroleum International Limited has convened a special general meeting to be held virtually on 15 January 2026, where shareholders will vote on approving, confirming and ratifying a Loan Renewal Request Notice and the transactions contemplated under it. The proposed resolution would also authorize any one director to execute all necessary documents and administrative variations to implement the renewed loan arrangements, signalling continued reliance on this funding structure and formalizing the company’s internal mandate to manage related financing matters, with voting conducted by poll and clear procedures set for proxy appointments and share transfer cut-off.

The most recent analyst rating on (HK:0346) stock is a Hold with a HK$0.37 price target. To see the full list of analyst forecasts on Yanchang Petroleum International Limited stock, see the HK:0346 Stock Forecast page.

More about Yanchang Petroleum International Limited

Yanchang Petroleum International Limited is a Bermuda-incorporated company listed in Hong Kong, engaged in the petroleum and energy sector, with its head office and principal place of business in Hong Kong. The company is overseen by a board comprising executive, non-executive and independent non-executive directors, reflecting a typical governance structure for a cross-border energy group focused on regional and international markets.

Average Trading Volume: 245,201

Technical Sentiment Signal: Sell

Current Market Cap: HK$423.5M

Find detailed analytics on 0346 stock on TipRanks’ Stock Analysis page.

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