China Petroleum & Chemical Corporation (00386.HK) controlling shareholder completes issuance of convertible bonds.

According to the Zhitong Finance APP, China Petroleum and Chemical Corporation (00386.HK) announced that on May 20, 2025, the company received a notice from China Petrochemical Corporation that the issuance of convertible bonds (bond code: 5570) had been completed on the same day. The issuance of convertible bonds will not result in a change of actual control of the company, and will not have any impact on the company's production, operation, and corporate governance.