000866SZSE

Announcement on the Expiration and Effectiveness of the Tender Offer by China Petroleum & Chemical Corporation

Yangzi Exit Co., Ltd.·April 9, 2006·2 pages

✨ AI Summary

China Petroleum & Chemical Corporation announces the expiration and effectiveness of its tender offer for Yangzi Petrochemical Co., Ltd. The tender offer period ended on April 6, 2006, with 338,612,282 shares accepted, exceeding the minimum requirement of 117,000,000 shares. As a result, China Petroleum will hold 99.51% of Yangzi Petrochemical's shares, leading to the suspension of trading for Yangzi Petrochemical's stock due to non-compliance with listing conditions.

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Full Translation

AI Translation· azure_openai

Announcement on the Expiration and Effectiveness of the Tender Offer by China Petroleum & Chemical Corporation

Special Reminder
China Petroleum & Chemical Corporation and all members of the Board of Directors guarantee the truthfulness, accuracy, and completeness of the announcement content, and bear joint liability for any false records, misleading statements, or significant omissions. Unless otherwise specified in the text, the meanings of abbreviations in this announcement are consistent with those in the "Tender Offer Report for Yangzi Petrochemical Co., Ltd." announced by China Petroleum on March 6, 2006.

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