Why should China Merchants South Oil State Shares be converted into shares for free?

Why should China Merchants South Oil State Shares be converted into shares for free? The board of directors and all directors of the Company guarantee that there are no false records, misleading statements or major omissions in the contents of this announcement, and they shall bear individual and joint responsibilities for the truthfulness, accuracy and completeness of its contents. On March 8, 2022, China Merchants Nanjing Oil Transportation Co., Ltd. hereinafter referred to as China Merchants Southern Company received a notice from China Changjiang Shipping Group Co., Ltd. hereinafter referred to as Changhang Group.

Sinotrans Changhang Group Co., Ltd. (hereinafter referred to as Sinotrans Changhang) has completed the transfer registration procedures of China Merchants Nanyou 1, 357,425,761shares to Changhang Group for free, and obtained the transfer registration confirmation issued by China Securities Depository and Clearing Co., Ltd.

It is hereby announced that on 27 October 2002 1,1kloc-0/,the company received the reply from the actual controller, China Merchants Group Co., Ltd., regarding the free transfer of 27.97% equity of China Merchants Nanjing Oil Transportation Co., Ltd., and China Merchants Group agreed to transport the1,357,425,76/kl held by Changhang.

On the same day, Sinotrans Changhang and Changhang Group signed the Agreement between Sinotrans Changhang Group Co., Ltd. and China Changjiang Shipping Group Co., Ltd. on Free Transfer of State-owned Equity of China Merchants Nanjing Oil Transportation Co., Ltd., for details, please refer to the meeting of the company in china securities journal on October 28th, 20265438+0/KLOC-0.

Merchants nanyou

The shanghai securities news and the website of Shanghai Stock Exchange disclosed the prompt announcement of the free transfer of state-owned shares of China Merchants Nanyou and the change of controlling shareholders Pro 202 1-044 Simple Statement of Changes in Equity. On March 8, 2008, the company received the notice from Changhang Group that the above-mentioned shares were transferred at China Securities on March 6, 2022.