According to the CNPC Engineering announcement, the expected matters relating to the company's daily transactions in 2026 have been reviewed by the board of directors and still need to be reviewed by the shareholders' meeting. From January to September 2025, there was a difference between the actual amount of related transactions between the company and CNPC and its affiliated companies, and the annual execution amount will be close to the estimated amount. The total amount of related transactions is estimated to be approximately $7.996 billion in 2026, including sales of goods and provision of services to related parties of 60 billion yuan. As of the announcement date, CNPC held approximately 45.99% of the company's shares and was the controlling shareholder. Related transactions are reasonably priced and have a positive impact on the long-term development of the company.

Zhitongcaijing · 1d ago
According to the CNPC Engineering announcement, the expected matters relating to the company's daily transactions in 2026 have been reviewed by the board of directors and still need to be reviewed by the shareholders' meeting. From January to September 2025, there was a difference between the actual amount of related transactions between the company and CNPC and its affiliated companies, and the annual execution amount will be close to the estimated amount. The total amount of related transactions is estimated to be approximately $7.996 billion in 2026, including sales of goods and provision of services to related parties of 60 billion yuan. As of the announcement date, CNPC held approximately 45.99% of the company's shares and was the controlling shareholder. Related transactions are reasonably priced and have a positive impact on the long-term development of the company.