Core Viewpoint - The controlling shareholder of Zhongyou Capital plans to transfer 3% of its shares to State Grid Yingda Group and acquire 100% of Yingda Futures, both of which have been approved by the State-owned Assets Supervision and Administration Commission (SASAC) [1][2][3] Share Transfer - The controlling shareholder, China National Petroleum Corporation, intends to transfer 3.00% of its shares (approximately 379 million shares) to State Grid Yingda Group without compensation, with the approval from SASAC obtained in January 2026 [2] Acquisition of Yingda Futures - The wholly-owned subsidiary of the company plans to acquire 100% of Yingda Futures for 1.129 billion yuan, with the transaction also approved by SASAC in January 2026, pending approval from the China Securities Regulatory Commission for the controlling shareholder qualification [3] Company Status - The company’s associate, Kunlun Capital, focuses on investments in new energy and nuclear fusion, while Zhongyou Capital's main business is in financial services and does not directly engage in specific investment operations [4] Financial Performance - For the first three quarters of 2025, the company reported total operating revenue of 25.645 billion yuan and a net profit attributable to shareholders of 3.997 billion yuan. The company has also disclosed a mid-year dividend plan for 2025, proposing a payout of 0.55 yuan per 10 shares, with the record date set for January 6, 2026 [5]

Core Viewpoint - The company, Zhongyou Capital (000617.SZ), clarifies that its main business is in financial services and it does not directly invest in related target enterprises. It holds shares in Kunlun Capital, which is involved in investments in fields such as nuclear fusion, but the investment decisions are made independently by Kunlun Capital [1]. Group 1 - The company emphasizes that it does not participate in the specific investment operations of Kunlun Capital, which is responsible for its own investment decisions [1]. - If any investments reach the threshold for information disclosure, the company will comply with disclosure obligations as per regulations [1]. Group 2 - An investor inquired about the company's holdings in nuclear fusion, commercial aerospace, and robotics sectors, requesting a summary of related equity investments [3].

Group 1 - The stock price of China Petroleum Capital (000617) closed at 9.19 yuan on January 29, 2026, with an increase of 2.11% and a turnover rate of 0.86%, totaling a trading volume of 1.0922 million shares and a transaction value of 999.5 million yuan [1][3] - On January 29, the net inflow of main funds was 65.6863 million yuan, indicating active market trading [3] Group 2 - China Petroleum Capital plans to acquire 100% equity of Yingda Futures for a transaction price of 1.129 billion yuan, pending approval from the China Securities Regulatory Commission [1][3] - China Petroleum Group intends to transfer 3.00% of its shares (379,262,372 A-shares) to State Grid Yingda International Holdings Group, which has received approval from the State-owned Assets Supervision and Administration Commission [1][3]

Core Viewpoint - The acquisition of 100% equity of Yingda Futures by Zhongyou Capital for 1.129 billion yuan marks a significant step in the collaboration between China National Petroleum Corporation (CNPC) and State Grid Corporation of China, enhancing Zhongyou Capital's financial capabilities and aligning with the broader energy transition goals of both companies [1][2]. Group 1: Acquisition Details - Zhongyou Capital announced plans to acquire 100% equity of Yingda Futures for 1.129 billion yuan, with the transaction approved by the State-owned Assets Supervision and Administration Commission [1]. - The acquisition price represents an 8.3% premium over Yingda Futures' net asset value of approximately 1.043 billion yuan as of March 2025 [1]. - The transfer of 3.79 million A-shares (3.00% of total shares) from CNPC to State Grid Yingda Group is also part of this transaction, pending regulatory approval [1]. Group 2: Strategic Implications - For State Grid Yingda, divesting the non-core asset Yingda Futures aligns with its strategy to streamline operations [2]. - The acquisition allows Zhongyou Capital to complete its financial license portfolio, enhancing its capabilities in hedging and risk management related to its core oil and gas business [2]. - Zhongyou Capital's diverse financial interests include stakes in various financial institutions, which will be bolstered by this acquisition [2]. Group 3: Industry Context - The collaboration between CNPC and State Grid has intensified since last year, with significant investments aimed at developing a new energy system [3]. - Predictions indicate that China's oil consumption may peak around 2025, prompting CNPC to transition towards a comprehensive energy supplier model that includes oil, gas, and renewable energy [3]. - CNPC aims to achieve a balanced energy portfolio by 2035, with a focus on clean energy generation exceeding 20 billion kilowatt-hours in 2025 [4].

Core Viewpoint - The State-owned Assets Supervision and Administration Commission (SASAC) has approved the equity cooperation between China Petroleum and State Grid, involving the transfer of shares and acquisition of a futures company [2][12]. Group 1: Share Transfer Announcement - China Petroleum Group plans to transfer 379,262,372 A-shares, representing 3.00% of the total share capital, to State Grid Yingda Group through a state-owned share transfer agreement signed on December 26, 2025 [2][6]. - The transfer has received approval from the SASAC [6][12]. Group 2: Acquisition of Yingda Futures - China Petroleum's wholly-owned subsidiary, China Petroleum Capital Co., intends to acquire 100% of Yingda Futures for a price of RMB 1,129,286,232.00 [12]. - This acquisition was also approved by the SASAC [12]. - The qualification of China Petroleum Capital as the controlling shareholder of Yingda Futures requires approval from the China Securities Regulatory Commission, indicating potential uncertainty regarding the successful implementation of the transaction [12].

Group 1 - The core point of the article is the announcement by State Grid's financial subsidiary, State Grid Yingda (600517.SH), regarding the sale of its 100% stake in Yingda Futures to China National Petroleum Corporation Capital (000617.SZ) for 1.129 billion yuan [1] - The transaction has received approval from the State-owned Assets Supervision and Administration Commission of the State Council, but still requires approval from the China Securities Regulatory Commission for the qualification of China National Petroleum Corporation Capital as the controlling shareholder of Yingda Futures [1] - Prior to this transaction, a share transfer agreement was signed on December 26, 2025, between China National Petroleum Corporation and State Grid Yingda International Holdings Group, where 379 million A-shares (3.00% of total shares) of China National Petroleum Corporation Capital were transferred to State Grid Yingda International Holdings Group [1]

Core Viewpoint - The diversified financial sector experienced a slight increase of 0.42% on January 29, with Jiangsu Jinzu leading the gains. The Shanghai Composite Index closed at 4157.98, up 0.16%, while the Shenzhen Component Index closed at 14300.08, down 0.3% [1]. Group 1: Stock Performance - Jiangsu Jinzu (600901) closed at 6.34, up 2.26%, with a trading volume of 455,400 shares and a transaction value of 287 million yuan [1]. - Zhongyou Capital (000617) closed at 9.19, up 2.11%, with a trading volume of 1,092,200 shares and a transaction value of 25.66 million yuan [1]. - Bohai Leasing (000415) closed at 4.57, up 1.56%, with a trading volume of 965,700 shares and a transaction value of 441 million yuan [1]. - Other notable stocks include Lakala (300773) at 27.46, up 1.52%, and Yuexiu Capital (000987) at 10.50, up 0.96% [1]. Group 2: Capital Flow - The diversified financial sector saw a net outflow of 129 million yuan from institutional investors, while retail investors had a net inflow of 183 million yuan [2]. - Major stocks like Zhongyou Capital experienced a net inflow of 65.69 million yuan from institutional investors, while retail investors had a net outflow of 78.99 million yuan [3]. - Bohai Leasing had a net inflow of 51.87 million yuan from institutional investors, with retail investors also showing a net outflow of 28.71 million yuan [3].

Group 1 - The core viewpoint of the news is that China Petroleum Capital has experienced fluctuations in stock price and trading volume, with a current market value of 116.05 billion yuan and a year-to-date stock price decline of 3.82% [1] - As of September 30, 2025, the company reported a revenue of 682 million yuan, representing a year-on-year growth of 13.94%, while the net profit attributable to shareholders decreased by 7.95% to 3.997 billion yuan [2] - The company has distributed a total of 15.81 billion yuan in dividends since its A-share listing, with 5.133 billion yuan distributed over the past three years [3] Group 2 - The company operates in a comprehensive financial services sector, with main business income sources including interest income (88.54%), earned premiums (4.48%), commission income (4.47%), and other businesses (2.51%) [1] - As of September 30, 2025, the number of shareholders increased by 15.66% to 241,700, while the average circulating shares per person decreased by 13.54% to 52,296 shares [2] - The top ten circulating shareholders include significant institutional investors, with Hong Kong Central Clearing Limited holding 89.78 million shares, a decrease of 5.82 million shares from the previous period [3]

Group 1 - The company announced the transfer of 379,262,372 A-shares, representing 3.00% of the total share capital, from its controlling shareholder, China National Petroleum Corporation, to State Grid Yingda International Holdings Group [2] - The transfer has received approval from the State-owned Assets Supervision and Administration Commission of the State Council [4] - The transfer will not result in a change of the company's controlling shareholder or actual controller [2] Group 2 - The company plans to acquire 100% equity of Yingda Futures Co., Ltd. for a price of RMB 1,129,286,232.00 [7] - This acquisition has also received approval from the State-owned Assets Supervision and Administration Commission of the State Council [8] - The qualification of the company's subsidiary as the controlling shareholder of Yingda Futures is still subject to approval from the China Securities Regulatory Commission, introducing uncertainty regarding the successful implementation of the transaction [9]

证券代码：000617 证券简称：中油资本 公告编号：2026-002 中国石油集团资本股份有限公司 关于国有股份划转进展的公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没 有虚假记载、误导性陈述或重大遗漏。 中国石油集团资本股份有限公司（以下简称公司）控股股东中国石油 天然气集团有限公司（以下简称中国石油集团）与国网英大国际控股集团 有限公司（以下简称国网英大集团）于 2025 年 12 月 26 日签署了股份划 转协议，中国石油集团拟通过国有股份划转方式将其持有的公司 379,262,372 股 A 股股份（占公司总股本的 3.00%1）划转给国网英大集团 二、进展情况 近日，公司接到控股股东中国石油集团的通知，本次划转已取得国务 院国有资产监督管理委员会的批准。 三、其他事项说明 本次划转尚需按照有关法律法规办理股份过户登记手续。公司将根据 后续的进展情况及时履行信息披露义务。 特此公告。 1 本公告所涉数据如有尾差，系由四舍五入所致。 详见公司于 2025 年 12 月 27 日披露的《关于国有股份划转的提示性 公告》（公告编号：2025-046）。 一、情况概述 （以下简称本次划转 ...