Sinopec: Shareholder China Investment Corporation intends to reduce its stake in the company by no more than 1%

SUNENG Holdings announced on the evening of July 28 that its shareholder, Industrial and Commercial Bank Financial Assets Investment Co., Ltd., holding more than 5% of the shares, plans to reduce its holdings by no more than 68,888,800 shares through centralized competitive trading from August 20, 2025 to November 19, 2025, which is less than 1% of the total share capital of the company. The reason for the reduction is for its own capital needs.