Acquisition of Subsidiaries by PetroChina and Sinopec

摘要

On November 14, 2005, Liaohe Oilfield Company, Jinzhou Petrochemical Company and Jilin Chemical Company directly under PetroChina announced that PetroChina will contribute RMB 6.15 billion to buy back the marketable A & H shares and American Depository Receipts (ADR) held by the above three companies, meaning that PetroChina is undergoing integration of its subsidiary companies listed on stock markets, the prologue of searching listing in a whole piece is pulling open silently.