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PetroChina: The parent company has cumulatively invested 2.8 billion RMB to increase holdings over the past year.
China Petroleum & Chemical Corporation (00857) announced that its controlling shareholder, China National Petroleum Corporation and its wholly-owned subsidiaries, accumulated an increase in its holdings of 309 million shares of the company through the Shanghai Stock Exchange trading system and the Hong Kong Exchanges and Clearing (HKEX) system during the period from April 8 of last year to April 7 of this year, representing 0.17% of the company’s total share capital. The total amount of the increase was RMB 2.801 billion, and the actual amount of the increase has already reached the lower limit under the share increase plan.
After this share increase plan is completed, the total shareholding ratio of China National Petroleum Corporation and its wholly-owned subsidiaries will be 82.49%. This share increase will not result in the company’s shareholding distribution failing to meet listing requirements, will not affect the company’s listing status, and will not lead to any change in the company’s controlling shareholder and actual controller.