000406SZSE

First Advisory Announcement on the Comprehensive Tender Offer for the Company's Shares by China Petroleum & Chemical Corporation

Daming Exit Co., Ltd.··2 pages

✨ AI Summary

China Petroleum & Chemical Corporation announced a comprehensive tender offer for shares of Sinopec Shengli Oilfield Daming (Group) Co., Ltd. The offer includes 265,828,392 circulating shares at ¥10.30 each and 2,332,800 non-circulating shares at ¥5.60 each, totaling 268,161,192 shares. The purpose is to delist the shares from the Shenzhen Stock Exchange to achieve business integration. The offer period is from March 8 to April 6, 2006.

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Full Translation

AI Translation· azure_openai

Stock Abbreviation:

Petroleum Daming

Stock Code:

000406

Announcement Number:

Lin 2006-10

China Petroleum & Chemical Corporation announces the first advisory announcement regarding the comprehensive tender offer for shares of Sinopec Shengli Oilfield Daming (Group) Co., Ltd. The entire board of directors guarantees that the content of this announcement is true, accurate, and complete, with no false records, misleading statements, or significant omissions.

According to the China Securities Regulatory Commission's document [2006]31 titled "Opinions on the Tender Offer for 'Petroleum Daming' Shares by China Petroleum & Chemical Corporation," the company announced the "Tender Offer Report for Sinopec Shengli Oilfield Daming (Group) Co., Ltd." on March 6, 2006, stating that a comprehensive tender offer would be made to all circulating shareholders and all non-circulating shareholders, excluding itself, starting from March 8, 2006.

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