Release Date: August 7, 2026 Statement Date: August 6, 2026 Statement Time: 17:58:45 Company Code: 1314 Company Name: Sinopec Subject: Announcement by important subsidiary Lianhua Co., Ltd. regarding cash capital reduction of USD 3,000,000 Applicable Clause: Item 11 Factual Date: August 6, 2026 Details: 1. Board Resolution Date: August 6, 2026 2. Reason for Reduction: Flexible fund utilization under overall operational planning 3. Amount Reduced: USD 3,000,000 4. Shares Eliminated: 3,000,000 shares 5. Capital Reduction Ratio: 0.819% 6. Capital After Reduction: USD 363,240,611.97 7. Scheduled Shareholders' Meeting Date: Not applicable 8. Expected Number of Listed Common Shares After Reduction and New Listing: Not applicable 9. Ratio of Expected Listed Common Shares After Reduction to Total Issued Common Shares (Post-reduction listed common shares / Post-reduction issued common shares): Not applicable 10. If the above two items result in less than 60 million listed common shares or less than 25%, explanation of measures for low share liquidity: Not applicable 11. Capital Reduction Base Date: As approved by regulatory authority 12. Other Matters to be Disclosed: None
FACT BOX
- Source: PR Times
- Category: News