SINOPEC SEG (02386) Receives CSRC Filing Notice for H-Share Full Circulation Implementation

Stock News

01/27

The Board of Directors has recently received a filing notice from the China Securities Regulatory Commission (CSRC) regarding the company's implementation of H-share full circulation. According to the filing notice, the company has completed the CSRC filing process for the H-share full circulation, which involves the conversion of 219,980,000 domestic shares held by China Petroleum & Chemical Corporation into 219,980,000 H-shares. The filing notice remains valid for a period of 12 months. The company will apply to The Stock Exchange of Hong Kong for the approval to list and trade these H-shares on the Main Board.

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According to the filing notice, the company has completed the CSRC filing process for the H-share full circulation, which involves the conversion of 219,980,000 domestic shares held by China Petroleum & Chemical Corporation into 219,980,000 H-shares. The filing notice remains valid for a period of 12 months. 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