China Petroleum & Chemical Corporation (00386) published a Next Day Disclosure Return dated 25 November 2025. According to the document, the total number of issued H shares remained at 23,945,350,600 as of 25 November 2025.

From 22 September 2025 to 25 November 2025, multiple repurchases of H shares were conducted at prices ranging approximately from HKD 4.06 to HKD 4.57 per share, resulting in a series of shares repurchased but not yet cancelled. On 24 November 2025, 89,349,476 A shares purchased between 22 August 2025 and 20 November 2025 were cancelled. The final share balance remains at 23,945,350,600 H shares, excluding treasury shares.

The repurchase report shows that on 25 November 2025, 266,000 shares were bought back on the Hong Kong Stock Exchange for HKD 4.37 per share, totaling HKD 1,162,420. These shares were designated for cancellation. The repurchase mandate authorized up to 2,404,929,260 shares, equivalent to 0.15% of the total number of issued shares on the mandate date. The report also indicates a moratorium on new share issuance or sale of treasury shares lasting until 25 December 2025.