China Petroleum & Chemical Corporation (Sinopec) published a Next Day Disclosure Return dated 18 November 2025, confirming no change to the total number of issued H shares (23,945,350,600) and A shares (97,232,263,098) between 17 November and 18 November 2025. The company highlighted ongoing repurchases of both H shares on The Stock Exchange of Hong Kong (HKEX) and A shares on the Shanghai Stock Exchange (SSE). These repurchases have been carried out on multiple trading days from late August through mid-November 2025 at prices generally within the HKD 4.06–4.46 per share range for H shares and RMB 5.29–5.81 per share range for A shares.

The aggregate number of H shares repurchased pursuant to the existing mandate reached 154,858,000, accounting for 0.13% of Sinopec’s total issued shares (121,281,555,698) as of 28 May 2025. The authorized limit for repurchase under the mandate is 2,404,929,260 shares. According to the announcement, a moratorium on issuing new shares or transferring treasury shares remains in effect until 18 December 2025. All disclosed repurchased shares are designated for cancellation but remain outstanding until formal cancellation is completed.