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REFIRE
02570.HK
Shanghai REFIRE Group Limited, an investment holding company, engages in the research, design, development, manufacture, and sale of hydrogen fuel cell systems, hydrogen production systems, and related components in Mainland China and internationally. The company also provides fuel cell engineering and technical services, as well as after-sales services; and sales of hydrogen energy vehicles. In addition, it is involved in technology development; manufacture of bipolar plates; sale of components; and research and development, manufacture, and sale of fuel cell stacks and fuel cell stack technology. The company was incorporated in 2015 and is headquartered in Shanghai, the People’s Republic of China.
889.62 B
02570.HKMarket value -Rank by Market Cap -/-

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    News
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    Shanghai REFIRE Group Approves Key Resolutions at 2025 EGM

    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.

    Tip Ranks·
    HK
    02570
    +54.07%
    Tip Ranks·
    HK
    02570
    +54.07%

    Top 10 HK Stock Losers (10.22)

    E&P GLOBAL(01142) fell 11.2%, with a trading turnover 46.7 Million HKD, and a year-to-date rose 239.7%. JST GROUP(06687) fell 10.08%, with a trading turnover 292.1 Million HKD, and a year-to-date rose 11.4%. GENFLEET-B(02595) fell 9.73%, with a trading turnover 58.4 Million HKD, and a year-to-date rose 30.1%.

    LB Select·
    HK
    01142
    0.00%
    HK
    06687
    -2.52%
    HK
    02595
    +9.40%
    LB Select·
    HK
    01142
    0.00%
    HK
    06687
    -2.52%
    HK
    02595
    +9.40%

    Shanghai REFIRE Group Announces 2025 Extraordinary General Meeting

    Shanghai REFIRE Group Ltd. (HK:2570) has announced its fifth extraordinary general meeting for 2025, set for November 6, 2025. The meeting will discuss a new H Share Incentive Scheme, amendments to the Pre-IPO Share Option Scheme, and related party transactions regarding hydrogen fuel cell systems. These resolutions aim to improve the company's operational framework in the hydrogen energy sector. The current analyst rating for the stock is a Hold, with a price target of HK$209.00 and a market cap of HK$14.58B.

    Tip Ranks·
    HK
    02570
    +54.07%
    Tip Ranks·
    HK
    02570
    +54.07%

    REFIRE recommends adopting the 2025 H-share incentive plan

    The board of REFIRE recommends adopting the 2025 H-share incentive plan, with a maximum limit of 3 million H shares, which the trustee will acquire in accordance with listing rules and applicable laws. The board also recommends amending the pre-IPO stock option plan, extending the first exercise period from 12 months to 24 months, subject to shareholder review and approval

    Zhitong·
    HK
    02570
    +54.07%
    Zhitong·
    HK
    02570
    +54.07%

    On October 17th, REFIRE spent approximately HKD 626,300 to repurchase 4,500 shares

    According to the Zhitong Finance APP, REFIRE announced that on October 17, 2025, it spent approximately HKD 626,300 to repurchase 4,500 shares

    Zhitong·
    HK
    02570
    +54.07%
    Zhitong·
    HK
    02570
    +54.07%