Shanghai REFIRE Group Approves Key Resolutions at 2025 EGM

Tip Ranks
2025.11.06 10:39
portai
I'm PortAI, I can summarize articles.

Shanghai REFIRE Group Ltd. held its 2025 extraordinary general meeting, where key resolutions were passed, including the adoption of the 2025 H Share Incentive Scheme and amendments to the Pre-IPO Share Option Scheme, both receiving over 99% approval. A resolution for related party transactions concerning hydrogen fuel cell systems was also approved with over 99% support. These decisions aim to strengthen the company's market position in the hydrogen fuel cell sector. The current analyst rating for the stock (HK:2570) is a Hold with a price target of HK$137.00.

Meet Your ETF AI Analyst

  • Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
  • Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.

Shanghai REFIRE Group Ltd. Class H ( (HK:2570) ) has shared an announcement.

Shanghai REFIRE Group Ltd. held its 2025 fifth extraordinary general meeting, where key resolutions were passed. The meeting approved the adoption of the 2025 H Share Incentive Scheme and amendments to the Pre-IPO Share Option Scheme, both receiving over 99% approval. Additionally, a resolution concerning related party transactions for the sale of hydrogen fuel cell systems and components was passed with over 99% support. These decisions are expected to bolster the company’s strategic initiatives and strengthen its market position in the hydrogen fuel cell sector.

The most recent analyst rating on (HK:2570) stock is a Hold with a HK$137.00 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 company based in the People’s Republic of China, operating in the hydrogen fuel cell industry. It focuses on the development and sale of hydrogen fuel cell systems and components, aiming to enhance clean energy solutions.

Average Trading Volume: 92,049

Technical Sentiment Signal: Strong Sell

Current Market Cap: HK$12.58B

Source: Tip Ranks The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.