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Yanchang Petroleum International Limited ( (HK:0346) ) just unveiled an update.
Independent shareholders of Yanchang Petroleum International Limited have approved an ordinary resolution at a special general meeting on 15 January 2026 to approve, confirm and ratify a Loan Renewal Request Notice and the related transactions. With the controlling shareholder abstaining, the resolution was passed unanimously by the votes cast, clearing a key procedural hurdle that allows the company to proceed with the renewed loan arrangements, which are expected to support its ongoing financing structure and operational stability.
The most recent analyst rating on (HK:0346) stock is a Hold with a HK$0.50 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, incorporated in Bermuda and listed in Hong Kong, operates in the energy sector with a focus on petroleum-related businesses. Its controlling shareholder is Yanchang Petroleum HK, which holds a majority stake in the company’s issued share capital.
Average Trading Volume: 166,642
Technical Sentiment Signal: Sell
Current Market Cap: HK$407M
Learn more about 0346 stock on TipRanks’ Stock Analysis page.