Zheng Quan Ri Bao Wang·2025-12-16 12:19Core Viewpoint - China Petroleum & Chemical Corporation (Sinopec) has launched a special action to enhance the market value of its listed companies, aiming to improve investment value and shareholder returns [1][2] Group 1: Market Value Enhancement Initiatives - The special action focuses on improving governance efficiency, strengthening management, and enhancing the regular management system of listed companies [1] - Key areas of focus include strategic development planning, capital operations, and building a talent team for capital markets [1] - The company aims to implement a long-term management mechanism for its listed companies [1] Group 2: Shareholder Return Strategies - Sinopec plans to improve its return system, share development results, and enhance the quality of information disclosure [1] - The company will continue to maintain a stable and predictable cash dividend policy and will conduct share buybacks to steadily increase shareholder returns [1] - Efforts will be made to optimize capital layout and release the value of various segments through mergers, acquisitions, and equity financing [1] Group 3: Collaborative Efforts and Stakeholder Engagement - The launch event included executives from nine listed companies under Sinopec, as well as representatives from state-owned securities regulatory bodies, central enterprises, and financial institutions [2] - The event facilitated multi-dimensional communication with investors, aiming to create a model for central enterprise listed companies and promote Sinopec's stable and innovative operations in both industry and capital markets [2]