Announcement Details
Stock Abbreviation: Zhongyuan Oil and Gas
Stock Code: 000956
Announcement Number: 2006-008
Sinopec Limited and all members of the Board of Directors guarantee the authenticity, accuracy, and completeness of the announcement content and bear joint liability for any false records, misleading statements, or significant omissions.
According to the China Securities Regulatory Commission's document [2006] No. 30 regarding Sinopec Limited's tender offer for "Zhongyuan Oil and Gas" shares, the tender offer report was announced on March 6, 2006, stating that a comprehensive tender offer would be made to all circulating shareholders of Sinopec Zhongyuan Oil and Gas High-tech Co., Ltd. starting from March 8, 2006.
I. Basic Information on the Tender Offer
| Share Type | Offer Price | Number of Shares Offered | Percentage of Total Share Capital |
|---|---|---|---|
| Circulating Shares | 12.12 CNY/share | 25.5 million shares | 29.15% |
Purpose of the Tender Offer: The purpose of this tender offer is to terminate the listing of Sinopec Zhongyuan Oil and Gas High-tech Co., Ltd.'s circulating shares on the Shenzhen Stock Exchange, aiming to achieve the acquirer's business integration strategy.