000406SZSE

Report from the Board of Directors to All Shareholders Regarding the Comprehensive Tender Offer by China Petroleum & Chemical Corporation for the Company's Circulating and Non-Circulating Shares

Daming Exit Co., Ltd.·March 6, 2006·29 pages

✨ AI Summary

The board of directors reports on China Petroleum & Chemical Corporation's tender offer to acquire all circulating and non-circulating shares of the company. The offer price is set at 10.30 CNY per circulating share and 5.60 CNY per non-circulating share, with a total funding requirement of approximately 2.751 billion CNY. The offer period is from March 8 to April 6, 2006, and is contingent upon specific conditions being met.

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Full Translation

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Company Name

China Petroleum & Chemical Corporation

Company Address

228 Jinan Road, Daming Building, Dongying City, Shandong Province

Contact Information

Contact Person: Chi Zhongdong, Wang Jinzhu
Phone: (0546) 8251698

Acquirer Name

China Petroleum & Chemical Corporation

Acquirer Contact Address

6 Huixin East Street, Chaoyang District, Beijing

Contact Person

Gao Zhaohui

Contact Phone

(010) 64990487

Independent Financial Advisor

China Galaxy Securities Co., Ltd.

Independent Financial Advisor Address

C Building, 35 Financial Street, Xicheng District, Beijing

Legal Representative

Zhu Li

Contact Persons

Huang Chuanzheng, Wang Hongbing, Liang Ying

Contact Phone

(010) 66568888

Contact Fax

(010) 66568704

Date of Report

March 6, 2006

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