Date: 2016-08-19

CNPC completes free transfer of PetroChina shares to Baosteel

China’s largest oil and gas producer PetroChina Company Limited (PetroChina), a subsidiary of China’s state-owned China National Petroleum Corporation (CNPC), has announced that its controlling shareholder CNPC has completed the registration of a free transfer of shares in PetroChina to major Chinese steelmaker Baosteel, with the registration being confirmed by a letter issued by China Securities Depository and Clearing Corporation Limited (CSDC).

Accordingly, CNPC now holds 157,409,693,528 shares in PetroChina, while Baosteel holds 624 million PetroChina shares, accounting for 86.01 percent and 0.34 percent of the total equity in PetroChina, respectively.

Previous: ZYS will obtain high technical support from SINOMACH Precision Industry
Next: Kaiyuan Intelligent Precision Machinery boosts bearing industry transformation and upgrading

Hot Products:

Product Model	Inside Diameter	Outside Diameter	Thickness
4216 bearing	80	140	33
4220 bearing	100	180	46

【TradeBearings News Statement】

1.The news above mentioned with detailed source are from internet.We are trying our best to assure they are accurate ,timely and safe so as to let bearing users and sellers read more related info.However, it doesn't mean we agree with any point of view referred in above contents and we are not responsible for the authenticity. If you want to publish the news,please note the source and you will be legally responsible for the news published.
2.All news edited and translated by us are specially noted the source"TradeBearings".
3.For investors,please be cautious for all news.We don't bear any damage brought by late and inaccurate news.
4.If the news we published involves copyright of yours,just let us know.