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SHI - SHI STOCK NEWS

Welcome to our dedicated page for SHI news (Ticker: SHI), a resource for investors and traders seeking the latest updates and insights on SHI stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect SHI's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of SHI's position in the market.

Rhea-AI Summary

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.

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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.

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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.

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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.

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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.

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Plastics Material and Resin Manufacturing
Manufacturing
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China (Mainland)
Shanghai