Sou Hu Cai Jing·2025-11-21 11:52Core Viewpoint - The controlling shareholder of Sinopec, China Petroleum & Chemical Corporation, is actively increasing its stake in the company through a planned buyback strategy, utilizing both self-owned funds and special loans [1] Group 1: Stakeholder Information - The buyer is China Petroleum & Chemical Corporation and its concerted parties, which is the controlling shareholder [2] - Prior to the buyback, the shareholder held 83.062 billion shares, representing 69.35% of the total share capital [2] Group 2: Buyback Plan Execution - The buyback plan is set to take place from April 8, 2025, to April 7, 2026 [2] - The current buyback period is from April 9, 2025, to November 21, 2025 [2] Group 3: Buyback Details - A total of 37.2 million shares have been repurchased during the current buyback period [2] - The breakdown of shares repurchased includes 34.56 million A-shares through centralized bidding and 337 million H-shares [2] - The total amount spent on the buyback includes approximately 194 million RMB for A-shares and about 1.376 billion HKD for H-shares [2] Group 4: Cumulative Buyback Situation - Cumulatively, 39 million shares have been repurchased, consisting of 52.4 million A-shares and 337 million H-shares [2] - The cumulative buyback proportion is 0.04% for A-shares and 0.28% for H-shares [2] - The total cumulative expenditure amounts to approximately 294 million RMB for A-shares and about 1.376 billion HKD for H-shares [2] Group 5: Future Arrangements - The company plans to continue the buyback as scheduled, selecting opportunities to increase its stake further [1]