CNPC shares (00857) were increased by 30 million A shares and 11.896 million H shares by the controlling shareholder, CNPC Group

Zhitong Finance App News, China Petroleum Corporation (00857) issued an announcement. On December 29, 2025, the company received a notice from China Petroleum Group, the controlling shareholder of the company, that CNPC increased its holdings of the Company's 30,000,000 A shares through centralized bidding through the Shanghai Stock Exchange trading system, and Fairy King Investments Ltd., a wholly-owned subsidiary of CNPC, increased its holdings of 11,896,000 H shares through the Hong Kong Stock Exchange Limited system ( (First increase in holdings in this round).

Prior to this initial increase in holdings, CNPC directly held 150,382,363,193 A shares and held 291,518,000 H shares of the Company through its wholly-owned subsidiary FairyKingInvestmentsLTD. In total, it held 150,673,881,193 shares of the Company, accounting for about 82.33% of the total issued shares of the Company. After this initial increase, CNPC directly held 150,412,363,193 A shares and 303,414,000 H shares of the Company through its wholly-owned subsidiary Fairy King Investments Ltd., holding a total of 150,715,777,193 shares of the Company, accounting for approximately 82.35% of the total issued shares of the Company.

China National Petroleum Group and its wholly-owned subsidiaries will subsequently increase their shares in accordance with the current shareholding increase plan. The Company will continue to monitor the implementation of this plan to increase its holdings in accordance with relevant regulations and promptly fulfill its obligation to disclose information.