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SINOPEC Engineering Announces Key Board Resolutions and Capital Reduction

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SINOPEC Engineering Announces Key Board Resolutions and Capital Reduction

The latest announcement is out from SINOPEC Engineering (Group) Co., Ltd. Class H ( (HK:2386) ).

SINOPEC Engineering (Group) Co., Ltd. held a board meeting where several key resolutions were approved, including the reduction of registered capital and amendments to the Articles of Association due to share repurchases and transfers. These decisions, along with other proposals such as financial plans and auditor appointments, will be presented at the upcoming annual general meeting, impacting the company’s governance and financial strategy.

More about SINOPEC Engineering (Group) Co., Ltd. Class H

SINOPEC Engineering (Group) Co., Ltd. is a joint stock limited liability company based in the People’s Republic of China, operating in the engineering sector. The company focuses on providing engineering services, including project management, consultation, and contracting, primarily within the oil and gas industry.

YTD Price Performance: -14.20%

Average Trading Volume: 1,861

Technical Sentiment Consensus Rating: Sell

Current Market Cap: €3.13B

Learn more about 2386 stock on TipRanks’ Stock Analysis page.

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