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Shanghai REFIRE Group Ltd. Class H ( (HK:2570) ) has shared an announcement.
Shanghai REFIRE Group Ltd. announced the results of its 2025 fourth extraordinary general meeting, where a special resolution was passed to grant the board a general mandate to repurchase H Shares. The resolution received overwhelming support, with 99.82% of votes in favor, indicating strong shareholder confidence in the company’s strategic direction. This decision is expected to enhance the company’s flexibility in managing its capital structure and could potentially impact its market positioning positively.
The most recent analyst rating on (HK:2570) stock is a Hold with a HK$209.00 price target. To see the full list of analyst forecasts on Shanghai REFIRE Group Ltd. Class H stock, see the HK:2570 Stock Forecast page.
More about Shanghai REFIRE Group Ltd. Class H
Shanghai REFIRE Group Ltd. is a joint stock company incorporated in the People’s Republic of China, operating within the energy sector. The company primarily focuses on the development and production of hydrogen fuel cell systems and related technologies, catering to the growing demand for clean energy solutions.
Average Trading Volume: 87,289
Technical Sentiment Signal: Strong Sell
Current Market Cap: HK$13.65B
For an in-depth examination of 2570 stock, go to TipRanks’ Overview page.