000817SZSE

Announcement on the Termination of Stock Listing and Related Arrangements for Continued Acquisition of Remaining Shares by China National Petroleum Corporation

Liao Oil Delisting Co., Ltd.··4 pages

✨ AI Summary

This announcement details the termination of stock listing for Liaohe Oilfield Jinma Oilfield Co., Ltd. effective January 4, 2006, following a successful acquisition offer by China National Petroleum Corporation (CNPC). As of December 14, 2005, CNPC acquired 97.48% of the company's shares. Remaining shareholders can sell their shares at the original offer price of 8.8 yuan through the Shenzhen Stock Exchange starting January 5, 2006.

Summary generated by AI · Always verify with source document

Full Translation

AI Translation· azure_openai

Securities Code: 000817

Securities Abbreviation: Liaohe Oilfield Jinma Oilfield Co., Ltd.

This company and all members of the board guarantee 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 (hereinafter referred to as "CSRC") document [2005]119 "Opinion on the Tender Offer for Liaohe Oilfield Shares by China National Petroleum Corporation," CNPC announced the "Tender Offer Report for Liaohe Jinma Oilfield Co., Ltd." on November 15, 2005, and issued a comprehensive acquisition offer to all circulating shareholders of this company from the date of announcement. As of the expiration date of this offer on December 14, 2005, the number of shares declared by shareholders confirmed by the Shenzhen branch of China Securities Depository and Clearing Corporation Limited (hereinafter referred to as "the Depository Company") that had accepted the offer and not withdrawn totaled 172,315,428 shares, exceeding 35 million shares, accounting for 86.16% of the total circulating shares and 15.67% of the total share capital of the company. As of December 16, 2005, the settlement procedures have been completed, and CNPC holds a total of 1,072,315,428 shares of this company, accounting for 97.48% of the total share capital of the company.

The relevant situation regarding the termination of the company's stock listing is announced as follows:

Sign in to read the full translation

Free accounts get 10 full releases per month. Pro subscribers get unlimited access.