Sinopec Shanghai Petrochemical Signs New Framework Agreement for Storage Services
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Sinopec Shanghai Petrochemical Company Limited has signed a New Framework Agreement with its Baishawan Branch and Sinopec Reserve for storage services, effective December 29, 2025. The agreement's annual cap for storage fees is based on past transaction costs and market inquiries. The company has implemented internal control measures to ensure the agreement's terms are fair and market-aligned. This announcement was published via the Issuer Information Service of the Hong Kong Stock Exchange.
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