000866SZSE

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

Yangzi Exit Co., Ltd.··2 pages

✨ AI Summary

China Petroleum & Chemical Corporation announced a comprehensive tender offer for shares of Sinopec Yangzi Petrochemical Co., Ltd. The offer price is set at 13.95 CNY per share for 35 million shares, representing 15.02% of the total share capital. 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: Yangzi Petrochemical

Stock Code: 000866

Announcement Number: Lin 2006-10

China Petroleum & Chemical Corporation's First Reminder Announcement on the Comprehensive Tender Offer for Shares of Sinopec Yangzi Petrochemical Co., Ltd.

The board of directors of the company 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]28 regarding the tender offer for "Yangzi Petrochemical" shares, China Petroleum & Chemical Corporation announced the "Tender Offer Report for Sinopec Yangzi Petrochemical Co., Ltd." on March 6, 2006, declaring a comprehensive tender offer to all circulating shareholders starting from March 8, 2006.

I. Basic Information on the Tender Offer

Share TypeOffer PriceNumber of Shares OfferedPercentage of Total Share Capital
Circulating Shares13.95 CNY/share35 million shares15.02%

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