Hengyi Petrochemical approves share cancellation, notifies creditors

Hengyi Petrochemical (SZSE:000703) has announced the successful conclusion of its 2024 Annual Shareholders' Meeting. A key resolution passed was the approval to cancel a portion of repurchased shares held in a dedicated securities account, reducing the registered capital by CNY63,703,752. The company will now proceed to cancel these shares, the final post-cancellation share numbers will be reported in a subsequent announcement.