At midday on April 8

China Huaneng, China Petroleum, Sinopec, etc.

Many A-share listed companies issued announcements intensively

Based on their confidence in future development prospects

We will actively carry out stock repurchase and increase our holdings

China Huaneng: Actively carry out stock increase our holdings

China Huaneng Group Co., Ltd. announced on April 8 that in order to safeguard the interests of the majority of investors, China Huaneng will encourage the holding listed companies to continuously improve the company's quality, enhance the company's medium- and long-term investment value, and actively carry out stock increase our holdings to achieve win-win results for all parties. At present, Inner Mongolia Huadian, a China Huaneng Holdings, has announced an increase in its holdings.

China Petroleum: Increases its holdings of A and H shares in the next 12 months

China Petroleum Group plans to increase its holdings of A and H shares of China Petroleum and Natural Gas Co., Ltd. within the next 12 months.

Sino Petrochemical: It plans to increase its holdings of A shares and H shares by no less than RMB 2 billion

Sino Petrochemical will officially launch a new phase of the increase in holdings of Sinopec A shares and H shares by no less than RMB 2 billion, not more than RMB 3 billion. The source of funds is its own funds and special loans for increasing holdings of stocks.

China Taiping: It plans to repurchase the company's A-shares with its own funds

Fu Fan, chairman of China Taiping Group, proposed on April 8 to repurchase part of the company's common shares (A-shares) with its own funds. The purpose of repurchasing shares includes but is not limited to the purpose allowed by laws and regulations such as maintaining the company's value and shareholders' rights and interests, in order to enhance the company's long-term value.

China Pacific Insurance stated that the matter is currently under planning and the company will formulate a reasonable and feasible share repurchase plan. The repurchase matter must be carried out in accordance with relevant regulatory regulations before it can be implemented.

It is understood that China Pacific Insurance has increased its holdings in products such as broad-based trading open-end index funds (ETFs) on April 7. In the future, it will further leverage the long-term investment advantages of insurance funds, increase investment in strategic emerging industries, advanced manufacturing, new infrastructure and other fields, serve the development of new quality productivity, and continue to increase its holdings of high-quality assets representing China's future economic development direction.

China Electronics: Accelerate technology mergers and acquisitions and restructuring

China Electronics announced that by accelerating repurchase, increase holdings, mergers and acquisitions and restructuring, it will continuously promote its affiliated listed companies to strengthen market value management, promote the high-quality development of listed companies, safeguard the interests of the majority of investors, and enhance investor confidence.

According to incomplete statistics, from after-market on April 7 to 9:30 on the 8th, 75 companies have issued repurchase announcements, and 20 companies have issued increased holdings announcements. Preliminary statistics show that the total amount of investment exceeds 10 billion yuan. According to expert statistics, more than half of the listed companies' repurchase and increase holdings in this round have used the central bank's structural monetary policy tools, giving full play to the role of precise drip irrigation and efficient implementation of special policy tools.