Sinopec repurchases shares on Hong Kong and Shanghai exchanges

China Petroleum & Chemical Corporation has disclosed a series of share repurchases on both the Hong Kong Stock Exchange and the Shanghai Stock Exchange, according to its Next Day Disclosure Return dated September 22, 2025. The company repurchased 5.41m H shares on the Hong Kong Stock Exchange at prices ranging from HK$4.07 to HK$4.12, totaling HK$22,116,080. This represents 0.02% of its existing H shares.

Additionally, the company repurchased 2.2m A shares on the Shanghai Stock Exchange at prices between RMB 5.31 and RMB 5.36, for a total of RMB 11,705,111. These repurchases represent 0.002% of its existing A shares. The repurchases were made under mandates granted on May 28, 2025, authorizing the repurchase of up to 2.4bn shares.

To date, the company has repurchased a total of 73.034m shares under this mandate, which accounts for 0.06% of the issued shares as of the resolution date. All repurchased shares are intended for cancellation. The moratorium period for any new share issues or sales/transfers of treasury shares following these repurchases extends until October 22, 2025.