Yueyang Xingchang approves financial services agreement, share cancellation

Yueyang Xingchang Petrochemical (SZSE:000819) announced resolutions passed at its 21st meeting of the 16th Board of Directors, including a proposed financial services agreement with China Petrochemical Finance Co.'s Wuhan branch and the cancellation of restricted stock. The agreement, which will be put to a shareholder vote, involves financial services provided by the Wuhan branch, including deposits, loans, and settlements, with pricing based on market rates.