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Sinopec Shanghai Petrochemical Company Limited has filed its annual report on Form 20-F for the fiscal year ending December 31, 2022, with the U.S. Securities and Exchange Commission on April 26, 2023. This report is now accessible on the Company's official website. Shareholders can request a hard copy of the report, including audited consolidated financial statements, free of charge. This initiative reflects the Company's commitment to transparency and shareholder engagement, ensuring investors have access to critical financial information.
Sinopec Shanghai Petrochemical Company Limited (NYSE: SHI) announced its intention to voluntarily delist its American depositary shares (ADSs) from the New York Stock Exchange (NYSE) on August 12, 2022. This decision follows considerations such as the small number of H shares represented by ADSs and limited trading volume. The company plans to file a Form 25 with the SEC by August 26, 2022, and the delisting is expected to take effect ten days thereafter. The company will continue to comply with the information disclosure obligations stipulated by the Listing Rules.
Sinopec Shanghai Petrochemical Company Limited (NYSE:SHI) announced the filing of its Form 20-F for the fiscal year ended December 31, 2021, with the U.S. Securities and Exchange Commission on April 28, 2022. The document is available on the Company’s website, providing shareholders with access to complete audited consolidated financial statements. Shareholders can request a hard copy of the annual report free of charge. For further details, shareholders can refer to the company's investor relations page.
Sinopec Shanghai Petrochemical Company Limited (NYSE:SHI) has posted its 2020 Annual Report on Form 20-F on its website, reflecting its fiscal year ending December 31, 2020. The report, filed with the U.S. Securities and Exchange Commission on April 29, 2020, includes audited consolidated financial statements. Shareholders can request a hard copy of the report free of charge. This announcement indicates the company's commitment to transparency and accessibility of its financial performance.
Sinopec Shanghai Petrochemical Company Limited (SHI) reported its annual results for 2020, revealing net sales of RMB61,561 million, a 30.1% decrease from 2019. Net profit fell by 70.9% to RMB645 million. Basic earnings per share were RMB0.060, with a proposed dividend of RMB0.10, equating to 167.79% of net profit. The company processed 14.6715 million tons of crude oil, a 3.47% decline. Despite challenges, safety measures improved operations, with a 32% reduction in unplanned shutdowns. The firm plans to process 14.20 million tons of crude oil in 2021, focusing on efficiency and low-carbon development.