On 8 July 2026, China Petroleum & Chemical Corporation (Sinopec Corp.) filed a Next Day Disclosure Return outlining fresh progress under its 2026 share-repurchase programme.

Key takeaways

1. Latest trading-day activity (8 July 2026) • H-shares: 3.50 million shares bought back on the Hong Kong Stock Exchange at HKD 4.08–4.12, for a total consideration of HKD 14.34 million. • A-shares: 2.10 million shares bought back on the Shanghai Stock Exchange at RMB 4.78–4.86, for a total consideration of RMB 10.15 million. All shares acquired will be cancelled; none will be held as treasury stock.

2. Cumulative repurchases since the current mandate began on 18 June 2026 • H-shares: 47.92 million shares, equal to approximately 0.20 % of the 23.78 billion H-shares outstanding before the first transaction. • A-shares: 66.30 million shares, equal to approximately 0.07 % of the 97.14 billion A-shares outstanding before the first transaction. Combined purchases represent 0.04 % of the company’s 120.93 billion total issued shares as at the 13 May 2026 authorisation date—well within the 10 % limit (2.38 billion shares) approved by shareholders.

3. Share-capital position • Issued H-shares (excluding treasury shares): 23.78 billion (unchanged as repurchased shares await formal cancellation). • Issued A-shares (excluding treasury shares): 97.14 billion (unchanged). • Total issued share capital: 120.93 billion shares.

4. Post-repurchase constraints In accordance with Hong Kong Listing Rules, Sinopec Corp. is subject to a moratorium on issuing new shares or disposing of any treasury shares until 7 August 2026.

The disclosed transactions reaffirm management’s execution of the board-approved buyback mandate, aimed at enhancing shareholder value while keeping repurchases comfortably within regulatory and shareholder-authorised limits.