Stay Ahead of the Market:
- Discover outperforming stocks and invest smarter with Top Smart Score Stocks
- Filter, analyze, and streamline your search for investment opportunities using Tipranks' Stock Screener
Sinopec Shanghai Petrochemical Co ( (HK:0338) ) has provided an announcement.
Sinopec Shanghai Petrochemical Company Limited has announced the approval of a Technology R&D Framework Agreement with Sinopec Corp. This agreement allows for mutual collaboration in technology research and development services, setting annual caps for 2025. The agreement, which constitutes continuing connected transactions, is subject to certain reporting and announcement requirements but is exempt from other regulatory approvals. This strategic collaboration is expected to enhance Sinopec Shanghai Petrochemical’s operational capabilities within the petrochemical industry.
More about Sinopec Shanghai Petrochemical Co
Sinopec Shanghai Petrochemical Company Limited operates in the petrochemical industry, providing a range of services including technology development, consulting, and licensing, as well as the application and transfer of patents. The company is primarily focused on technology research and development within the petrochemical sector.
YTD Price Performance: -4.67%
Average Trading Volume: 36,213
Technical Sentiment Consensus Rating: Hold
Current Market Cap: $3.27B
See more data about 0338 stock on TipRanks’ Stock Analysis page.
