Shanghai Petrochemical launches efficiency and return action plan

Shanghai Petrochemical launched a "Quality Improvement, Efficiency Enhancement and Return Focus" action plan targeting high-end, intelligent, and green development, including a new materials industrial chain.

Since listing, the company has achieved cumulative net profit of 38.8 billion yuan and paid total dividends of 24.1 billion yuan. The plan emphasizes continued share repurchases to enhance per-share value.