SINOPEC SHANGHAI-SPONS ADR (SHI)
US82935M1099 - ADR
SINOPEC SHANGHAI-SPONS ADR
NYSE:SHI (9/2/2022, 7:04:00 PM)
After market: 15.29 -0.05 (-0.33%)15.34
-0.1 (-0.65%)
Company Profile
Sinopec Shanghai Petrochemical Co Ltd is a CN-based company operating in Chemicals industry. The company is headquartered in Shanghai, Shanghai and currently employs 8,039 full-time employees. Sinopec Shanghai Petrochemical Company Limited (Shanghai Petrochemical) is a petrochemical company. The firm and its subsidiaries are principally engaged in processing crude oil into synthetic fibers, resins and plastics, intermediate petrochemicals and petroleum products. The firm operates in five operating segments. The synthetic fibres segment produces polyester and acrylic fibers, which are used in the textile and apparel industries. The resins and plastics segment produces polyester chips, polyethylene resins and films, polypropylene resins and polyvinyl alcohol (PVA) granules. The intermediate petrochemicals segment produces p-xylene, benzene and ethylene oxide. The petroleum products segment is equipped with crude oil distillation facilities used to produce vacuum and atmospheric gas oils used as feedstock of the Company's downstream processing facilities. The trading of petrochemical products segment is engaged in importing and exporting of petrochemical products.
Company Info
SINOPEC SHANGHAI-SPONS ADR
No. 48, Jinyi Road, Jinshan District
Shanghai SHANGHAI 200540
P: 862157943143.0
CEO: Wu Haijun
Employees: 8039
Website: http://www.spc.com.cn/
SHI News
2 years ago - InvestorPlaceChinese Stocks Alert: Why Are BABA, PDD, JD, TCEHY Down Today?News that multiple Chinese companies are delisting from U.S. exchanges has sent the share prices of China concerns sharply lower.
2 years ago - Investor's Business DailyStock Market Rally Rises On Inflation Data; Nvidia, Micron, Tesla, Disney In Focus: Weekly ReviewThe major indexes continued to advance, despite some key warnings.
2 years ago - PRChina LimitedSinopec Shanghai Petrochemical Company Limited Announces Intention to Delist American Depositary Shares from the New York Stock Exchange and Intention to Deregister and Terminate Reporting ObligationsNEW YORK, NY / ACCESSWIRE / August 12, 2022 / Sinopec Shanghai Petrochemical Company Limited (the "Company") (NYSE:SHI) (HKEX:00338) (SSE:600688) announced today that the Company notified the New York Stock Exchange (the "NYSE") on 12 August 2022 (eastern time of the United States) that it intends to voluntarily delist its American depositary shares (the "ADSs") representing Class H ordinary shares of the Company (the "H Shares") from the NYSE (the "Delisting") and, when the legal conditions are met, terminate its registration of such ADSs and the reporting obligations under the United States Securities Exchange Act of 1934, as amended (the "Exchange Act").The decision of the Delisting is based upon a number of considerations including, the small number of underlying H shares represented by the ADSs issued by the Company relative to the total number of the Company's H Shares, the limited trading volume of the ADSs relative to the worldwide trading volume of the Company's H Shares and the considerable administrative burden and cost of maintaining the listing of the ADSs on the NYSE, the registration of the ADSs and the underlying H Shares with the U.S. Securities and Exchange Commission (the "SEC") and complying with the periodic reporting and other relevant obligations under the Exchange Act. The board of directors of the Company approved the Delisting and the deregistration of such ADSs and the underlying Class H Shares under the Exchange Act upon certain legal conditions being met.
2 years ago - BloombergChina State-Owned Giants to Delist From US Amid Audit SpatFive of China’s largest state-owned companies announced plans to delist from US exchanges as the two countries struggle to come to an agreement allowing American regulators to inspect audits of Chinese businesses.
2 years ago - InvestorPlaceHFCAA News: 128 Chinese Stocks the SEC Could DelistThe SEC has released a massive list of Chinese stocks that could face delisting on Holding Foreign Companies Accountable Act news.
2 years ago - Sinopec Shanghai Petrochemical Company LimitedSinopec Shanghai Petrochemical Company Limited Files 2021 Annual Report on Form 20-FOur newswire features a comprehensive, flat-fee Press Release service. Generate quality engagement with real-time analytics to improve visibility and expand your influence.
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