SINOPEC CORP (00386) has accumulated approximately 484 million additional shares through its controlling shareholder.

SINOPEC CORP (00386) announced the results of the controlling shareholder China Petroleum & Chemical Corporation Group and its concerted action parties increasing its holdings in the company. As of the date of this announcement, China Petroleum & Chemical Corporation Group and its wholly owned subsidiaries have collectively increased their holdings in the company by approximately 484 million shares, accounting for approximately 0.40% of the total issued share capital of the company. The total amount of the increase is approximately RMB 20.73 billion (excluding taxes and fees). Specifically, China Petroleum & Chemical Corporation Group has increased its holdings of approximately 122 million A shares through the Shanghai Stock Exchange trading system by centralized bidding, accounting for approximately 0.10% of the total issued share capital of the company. The total amount of the increase is approximately RMB 7.05 billion (excluding taxes and fees). Shengjun Company has increased its holdings of approximately 362 million H shares through the Hong Kong Stock Exchange system, accounting for approximately 0.30% of the total issued share capital of the company. The total amount of the increase is approximately HKD 14.88 billion (excluding taxes and fees). After the completion of this increase, China Petroleum & Chemical Corporation Group directly and indirectly holds 84,588,774,653 shares in the company (including 83,183,932,653 A shares and 1,404,842,000 H shares), accounting for approximately 69.95% of the total issued share capital of the company.