Shanghai Electric Group Company (HK:2727) has released an update.
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Shanghai Electric Group Company has announced the successful passage of all resolutions during its extraordinary general meeting and share class meetings held on November 22, 2024. Shareholders representing approximately 58% of the voting rights participated, with significant decisions including the approval of Automation Group’s acquisition of a 100% equity interest in Ningsheng Industrial. This development highlights Shanghai Electric’s strategic moves to expand its influence and operational capabilities.
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