| Regulatory attention announcement date: August 15, 2024 |
|---|
| title | Zhongman Petroleum: Announcement on Reply to the Information Disclosure Supervision Work Letter of Shanghai Stock Exchange on the Company's 2023 Annual Report |
| Relevant regulations | |
| Document batch number | SZGH [2004] No. 0773 |
| Reason for approval | Recently, Sino Man Oil&Gas Group Co., Ltd. received the Letter on the Supervision of Information Disclosure of the Annual Report of Sino Man Oil&Gas Group Co., Ltd. in 2023 (SZGH [2024] No. 0773) issued by Shanghai Stock Exchange. |
| Approval content | According to the requirements in the supervision work letter, the company, together with relevant personnel and the annual audit accounting firm, analyzed and verified the problems in the supervision work letter item by item, and replied to the relevant problems. |
| Handled by | Shanghai Stock Exchange |
|
| Warning notice date: December 10, 2022 |
|---|
| title | Zhongman Petroleum: Announcement on the Company's Controlling Shareholder's Receiving the Warning Letter from Shanghai Securities Regulatory Bureau |
| Relevant regulations | Several Provisions on Share Reduction of Shareholders, Directors, Supervisors and Senior Management of Listed Companies, Measures for the Administration of Acquisition of Listed Companies, and Measures for the Administration of Information Disclosure of Listed Companies |
| Document batch number | Hu Zheng Jian Jue [2022] No. 278 |
| Reason for approval | As of May 25, 2021, your company directly holds 36.59% of the shares of PetroChina, which are all issued before the initial public offering of PetroChina. On May 26, 2021, as a result of the implementation of the equity pledge agreement, your company's 4 million shares of Sino Man Petroleum were sold through centralized bidding, accounting for 1.00% of the total share capital of Sino Man Petroleum. However, your company did not disclose the shareholding reduction plan in advance 15 trading days in accordance with the regulations, nor did you notify and make an announcement to CNOOC on the next day when the shareholding reduction occurred. Your company will not disclose the share reduction until May 31, 2021. |
| Approval content | Our bureau has decided to take the supervision and management measures of issuing a warning letter to your company. |
| Handled by | Shanghai Securities Regulatory Bureau |
|
| Warning notice date: December 7, 2022 |
|---|
| title | Decision on Issuing Warning Letter to Shanghai Zhongman Investment Holding Co., Ltd |
| Relevant regulations | Several Provisions on Share Reduction of Shareholders, Directors, Supervisors and Senior Management of Listed Companies, Administrative Measures for Information Disclosure of Listed Companies, Administrative Measures for Acquisition of Listed Companies |
| Document batch number | Hu Zheng Jian Jue [2022] No. 278 |
| Reason for approval | As of May 25, 2021, your company directly holds 36.59% of the shares of PetroChina, which are all issued before the initial public offering of PetroChina. On May 26, 2021, as a result of the implementation of the equity pledge agreement, your company's 4 million shares of Sino Man Petroleum were sold through centralized bidding, accounting for 1.00% of the total share capital of Sino Man Petroleum. However, your company did not disclose the shareholding reduction plan in advance 15 trading days in accordance with the regulations, nor did you notify and make an announcement to CNOOC on the next day when the shareholding reduction occurred. Your company will not disclose the share reduction until May 31, 2021 |
| Approval content | Our bureau has decided to take the supervision and management measures of issuing a warning letter to your company. |
| Handled by | Shanghai Securities Regulatory Bureau |
|
| Announcement date of punishment decision: September 24, 2022 |
|---|
| title | Aksu Zhongman Oil and Gas Exploration and Development Co., Ltd. was subject to administrative punishment by Wensu County Environmental Protection Bureau (WHX [2020] No. 17) |
| Relevant regulations | |
| Document batch number | WHF [2020] No. 17 |
| Reason for approval | There is no EIA procedure for Well Wen 11-1 in Wenbei Oilfield, so it is necessary to build before approval and put into operation before inspection. |
| Approval content | 1. Correct the illegal act immediately. 2. Fine RMB 240000 (two hundred and forty thousand yuan) |
| Handled by | Wensu County Environmental Protection Bureau |
|
| Announcement date of punishment decision: September 24, 2022 |
|---|
| title | Zhongman Petroleum Drilling Technology Co., Ltd. received administrative punishment from Baicheng County Taxation Bureau of the State Administration of Taxation (BSX [2020] No. 190) |
| Relevant regulations | |
| Document batch number | BSJ [2020] No. 190 |
| Reason for approval | Failing to file individual income tax return and submit tax payment materials from April 1, 2020 to April 30, 2020, and failing to file individual income tax return and submit tax payment materials from March 1, 2020 to March 31, 2020 |
| Approval content | It was decided to impose an administrative penalty of 1000 yuan on the taxpayer who submitted the individual income tax income tax return on wages and salaries from April 1, 2020 to April 30, 2020 to our bureau within the correction period of the order. |
| Handled by | State Administration of Taxation Baicheng County Taxation Bureau |
|
| Announcement date of punishment decision: September 24, 2022 |
|---|
| title | Aksu Zhongman Oil and Gas Exploration and Development Co., Ltd. was subject to administrative punishment by Aksu Municipal Taxation Bureau of the State Administration of Taxation (Aksu SJJ [2021] No. 40) |
| Relevant regulations | |
| Document batch number | Akeshi SJJ [2021] No. 40 |
| Reason for approval | If the temporary land use contract signed on June 8, 2021 is not handled within the specified time limit, the cultivated land occupation tax should be declared and paid within 30 days |
| Approval content | Fine RMB 200 (two hundred yuan only) |
| Handled by | State Administration of Taxation Aksu Taxation Bureau |
|
| Announcement date of punishment decision: September 24, 2022 |
|---|
| title | Aksu Zhongman Oil and Gas Exploration and Development Co., Ltd. was subject to administrative punishment by Aksu Emergency Management Bureau ((Ashi) Emergency Penalty [2020] No. 11) |
| Relevant regulations | |
| Document batch number | (Ashi) Emergency Penalty [2020] No. 11 |
| Reason for approval | Failing to conduct safety production education and training for new employees as required. |
| Approval content | It was decided to impose an administrative penalty of 49000 yuan. |
| Handled by | Aksu Emergency Management Bureau |
|
| Announcement date of punishment decision: September 24, 2022 |
|---|
| title | Zhongman Petroleum Drilling Technology Co., Ltd. has received the administrative punishment from Aksu Regional Emergency Management Bureau ((A Di) Emergency Penalty Notice [2019] No. 2) |
| Relevant regulations | |
| Document batch number | (A Di) Emergency Penalty Notice [2019] No. 2 |
| Reason for approval | The company's X12-750 drilling crew was not equipped with portable hydrogen sulfide alarm detector when undertaking the drilling of Well Wen 10-1 |
| Approval content | Fine 49000 yuan |
| Handled by | Aksu District Emergency Management Bureau |
|
| Announcement date of punishment decision: September 24, 2022 |
|---|
| title | Zhongman Petroleum Equipment Group Co., Ltd. received administrative punishment from Shanghai Pudong New Area Public Security Fire Brigade (Hupu Emergency (Fire) Penalty [2019] 8067) |
| Relevant regulations | Fire Control Law of the People's Republic of China |
| Document batch number | Hupu Emergency (Cancellation) Penalty Decision Zi [2019] 8067 |
| Reason for approval | Fire fighting facilities are not kept intact and effective |
| Approval content | It is hereby decided to impose a fine of 8000 yuan on China Petroleum Equipment Group Co., Ltd. |
| Handled by | Shanghai Pudong New Area Public Security Fire Detachment |
|
| Announcement date of punishment decision: September 24, 2022 |
|---|
| title | Aksu Zhongman Oil and Gas Exploration and Development Co., Ltd. was subject to administrative punishment by Wensu County Environmental Protection Bureau (WHX [2020] No. 03) |
| Relevant regulations | |
| Document batch number | WHJ [2020] No. 03 |
| Reason for approval | Domestic garbage is mixed with hazardous waste and three prevention measures are not implemented, which has caused environmental pollution. |
| Approval content | 1. Correct the illegal act immediately. 2. Fine RMB 100000 (one hundred thousand yuan). |
| Handled by | Wensu County Environmental Protection Bureau |
|
| Announcement date of punishment decision: September 24, 2022 |
|---|
| title | Aksu Zhongman Oil and Gas Exploration and Development Co., Ltd. was subject to administrative punishment by Wensu County Environmental Protection Bureau (WHX [2020] No. 15) |
| Relevant regulations | |
| Document batch number | WHF [2020] No. 15 |
| Reason for approval | Unauthorized reinjection of untreated production sewage into Wen 5 Well of Wenbei Oilfield. |
| Approval content | 1. Correct the illegal act immediately. 2. A fine of 50000 yuan (fifty thousand yuan). |
| Handled by | Wensu County Environmental Protection Bureau |
|
| Announcement date of punishment decision: September 24, 2022 |
|---|
| title | Aksu Zhongman Oil and Gas Exploration and Development Co., Ltd. was subject to administrative punishment by Wensu County Environmental Protection Bureau (WHX [2020] No. 16) |
| Relevant regulations | |
| Document batch number | WHF [2020] No. 16 |
| Reason for approval | Well Hong18-1 in Wenbei Oilfield is constructed before approval. |
| Approval content | 1. Correct the illegal act immediately. 2. A fine of 40000 yuan (forty thousand yuan). |
| Handled by | Wensu County Environmental Protection Bureau |
|
| Announcement date of punishment decision: September 24, 2022 |
|---|
| title | Zhongman Petroleum Drilling Technology Co., Ltd. received administrative punishment from Baicheng County Taxation Bureau of the State Administration of Taxation (BSJ [2020] No. 189) |
| Relevant regulations | |
| Document batch number | BSJ [2020] No. 189 |
| Reason for approval | Failure to file individual income tax returns and submit tax payment materials for the period from March 1, 2020 to March 31, 2020 |
| Approval content | It was decided to impose an administrative penalty of 1000 yuan on the taxpayer who submitted the individual income tax return on wages and salaries from March 1, 2020 to March 31, 2020 to our bureau within the time limit for correction |
| Handled by | State Administration of Taxation Baicheng County Taxation Bureau |
|
| Regulatory attention announcement date: August 31, 2021 |
|---|
| title | China Man Oil: China Man Oil's announcement on receipt of the Supervisory Work Letter on the Transfer of Some Shares by the Controlling Shareholders of China Man Oil and Gas Group Co., Ltd. by Agreement from Shanghai Stock Exchange |
| Relevant regulations | |
| Document batch number | SZGH [2021] No. 2703 |
| Reason for approval | On August 30, 2021, Sino Man Oil&Gas Group Co., Ltd. (hereinafter referred to as "the Company") received the Supervisory Work Letter on the Transfer of Some Shares by the Controlling Shareholder Agreement of Sino Man Oil&Gas Group Co., Ltd. (SZGH [2021] No. 2703) from Shanghai Stock Exchange. |
| Approval content | The contents of the Supervision Work Letter are hereby announced. |
| Handled by | Shanghai Stock Exchange |
|
| Notice of criticism Date: August 12, 2021 |
|---|
| title | Sino Man Oil: Decision on Notification of Criticism to Shanghai Sino Man Investment Holding Co., Ltd., the Controlling Shareholder of Sino Man Oil and Gas Group Co., Ltd |
| Relevant regulations | Several Provisions on Share Reduction of Shareholders, Directors, Supervisors and Senior Management of Listed Companies, Detailed Rules for the Implementation of Share Reduction of Shareholders, Directors, Supervisors and Senior Management of Listed Companies in Shanghai Stock Exchange, Rules for Listing Shares in Shanghai Stock Exchange |
| Document batch number | SZGH [2021] No. 99 |
| Reason for approval | party: Shanghai Zhongman Investment Holding Co., Ltd., Zhongman Oil&Gas Group Co., Ltd Controlling shareholder of the Company. It is found that as of May 25, 2021, Sino Man Oil&Gas Group Co., Ltd Shanghai Zhongman Investment Holding Co., Ltd. (hereinafter referred to as the Company), the controlling shareholder of the Company (hereinafter referred to as Sino Man Holdings) holds 146369800 shares of the company, accounting for 36.59% of the share capital was held before the IPO of the Company. Previously, China Mann Holdings Some shares held were pledged to Shenwan Hongyuan Securities Co., Ltd. (hereinafter referred to as Shen Wanhongyuan). On December 21, 2020, due to the failure of Sino Man Holdings to pay the interest for 2020, The relevant equity pledge financing constitutes a default of overdue interest. Meanwhile, Shenwan Hongyuan is the first The notice of default disposal was sent to Zhongman Holding for the second time. May 13 and 20, 2021 And on May 27, the above financing matures successively, which constitutes overdue principal. Shen Wan Hongyuan Repeated notifications remind China Mann Holdings. After receiving the above notice, Sino Man Holdings failed to Repayment of debt and release of share pledge were scheduled, and no reduction plan was disclosed. On May 25, 2021, due to the substantial breach of pledge financing of China Mann Holdings The 4000000 shares held by Zhongman Holding without disclosing the shareholding reduction plan The company's shares were sold by Shenwan Hongyuan through centralized bidding, accounting for 1.00%。 On May 29, 2021, Zhongman Holding informed the company of the above share sale And disclosed to the public. |
| Approval content | The Exchange makes the following disciplinary decisions: A notice of criticism was circulated to Shanghai Zhongman Investment Holding Co., Ltd., the controlling shareholder of Zhongman Oil and Gas Group Co., Ltd |
| Handled by | Shanghai Stock Exchange |
|
| Date of inquiry announcement: July 31, 2020 |
|---|
| title | Announcement of PetroChina on Receiving the Information Disclosure Supervision Inquiry Letter of Shanghai Stock Exchange on the Company's 2019 Annual Report |
| Relevant regulations | Standards for the Contents and Forms of Information Disclosure by Companies that Offer Securities to the Public No. 2 - Contents and Forms of Annual Reports, Stock Listing Rules |
| Document batch number | SZGH [2020] No. 0908 |
| Reason for approval | The company received the inquiry letter issued by Shanghai Stock Exchange |
| Approval content | Your company is requested to disclose this letter of inquiry after receiving the letter, and disclose the reply to this letter of inquiry before August 7, 2020, and make corresponding amendments and disclosures to the periodic report as required. |
| Handled by | Shanghai Stock Exchange Listed Company Supervision Department No.1 |
|
| Warning notice date: November 30, 2019 |
|---|
| title | Announcement of CNPC on the Company and Relevant Personnel Receiving the Warning Letter from Shanghai Securities Regulatory Bureau |
| Relevant regulations | Notice on Regulating the Fund Exchange between Listed Companies and Related Parties and Several Issues of Listed Companies' External Guarantees, Governance Standards for Listed Companies, and Administrative Measures for Information Disclosure of Listed Companies |
| Document batch number | HZJZ [2019] No. 176, HZJZ [2019] No. 177 |
| Reason for approval | It is found that the wholly-owned subsidiary of your company, Zhongman Oil and Gas Group (Gulf) Co., Ltd., provided $5040386 to ToghiTrading - F.Z.C (hereinafter referred to as Toghi Company) for inter-bank borrowing on April 4, 2018. At that time, Toghi Company was controlled by Li Chundi, the chairman of your company, and the above acts constituted non operational occupation of your company's funds by related parties, Your company also failed to perform its obligation of information disclosure in a timely manner. On April 25, 2019, Li Chundi, as a related party shareholder, repaid the principal and interest of the above borrowings on behalf of Toghi Company in advance, totaling USD 5386860.75, equivalent to RMB 36202397.68. |
| Approval content | Our bureau has decided to take administrative supervision measures to issue warning letters to your company and Li Chundi. |
| Handled by | Shanghai Securities Regulatory Bureau |
|
| Regulatory attention announcement date: October 29, 2019 |
|---|
| title | Decision on Supervising and Paying Attention to Sino Man Oil and Gas Group Co., Ltd. and Relevant Responsible Persons |
| Relevant regulations | Listing Rules of Shanghai Stock Exchange and Implementation Measures for Disciplinary Punishment and Supervisory Measures of Shanghai Stock Exchange |
| Document batch number | SZGJH [2019] No. 0103 |
| Reason for approval | It is found that according to the disclosure of the 2018 annual report of Sino Man Oil and Gas Group Co., Ltd. (hereinafter referred to as Sino Man Oil), ToghiTrading - F.Z.C (hereinafter referred to as Toghi Company) is an enterprise controlled by Li Chundi, then the chairman of the company, and is a related party of the listed company. On April 1, 2018, the wholly-owned subsidiary of Sino Mann Petroleum, Sino Mann Petroleum Group (Gulf) Company (hereinafter referred to as Gulf Company), signed a Loan Contract with Toghi Company, and on April 4, 2018, it provided $5.0404 million to Toghi Company for inter-bank borrowing. The loan term is 24 months, and the annual interest rate is 6.5%. The principal of the above borrowings was converted into RMB 31.6945 million at the exchange rate on the borrowing date, accounting for 2.48% of the audited net assets of the Company in 2016. The related party transaction reached the disclosure standard of temporary announcement, but the company did not perform the decision-making procedures of the board of directors on the above related party transactions in accordance with the company's internal related party transaction decision-making system, and did not perform the obligation of information disclosure. Due to the above matters, the Company's 2018 annual internal control report was issued with a negative opinion by the annual auditor. On April 25, 2019, the principal and accumulated interest of the above borrowings were repaid by Li Chundi on behalf of Toghi. |
| Approval content | Supervise and pay attention to China Mann Oil&Gas Group Co., Ltd. and Li Chundi, then Chairman, Wang Zuhai, Chief Financial Officer, and Liu Wanqing, Secretary of the Board of Directors. |
| Handled by | Shanghai Stock Exchange Listed Company Supervision Department No.1 |
|
| Regulatory attention announcement date: July 10, 2019 |
|---|
| title | Decision on Supervising and Paying Attention to Sino Man Oil and Gas Group Co., Ltd. and Relevant Responsible Persons |
| Relevant regulations | Listing Rules of Shanghai Stock Exchange and Implementation Measures for Disciplinary Punishment and Supervisory Measures of Shanghai Stock Exchange |
| Document batch number | SZGJH [2019] No. 0066 |
| Reason for approval | It is found that on January 31, 2019, Sino Man Oil and Gas Group Co., Ltd. (hereinafter referred to as Sino Man Oil or the Company) disclosed the announcement of expected decrease in 2018 annual performance. It is estimated that the net profit (hereinafter referred to as net profit) attributable to shareholders of the listed company in 2018 will be about 70 million yuan, a decrease of 82.26% compared with the same period of the previous year. At the same time, the company clearly pointed out in the risk warning part that there were no major uncertainties affecting the accuracy of the performance forecast. On April 8, 2019, the company disclosed the correction announcement of the 2018 annual performance forecast. It is estimated that the company will achieve a net profit of about 30 million yuan in 2018, a year-on-year decrease of 92.4%. The main reasons for this performance correction are that the Company adjusted the workload of the identifiable income of overseas projects in 2018, made supplementary provision for the bad debt reserves that should be supplemented for some projects, and recognized the exploration and development expenses of Wensu Block in Xinjiang according to the project progress. On April 27, 2019, the 2018 annual report disclosed by the company showed that the net profit of the company in 2018 was 29.9686 million yuan. Inaccurate and careless disclosure of the Company's performance forecast and untimely disclosure of the Company's performance forecast correction announcement have affected the investors' right to know and reasonable expectations. |
| Approval content | In accordance with Article 17.1 of the Stock Listing Rules and the Measures for the Implementation of Disciplinary Actions and Supervisory Measures of the Shanghai Stock Exchange and other relevant provisions, our department has made the following decisions on regulatory measures: Li Chundi, the then Chairman of the Board of Directors, Chen Qingjun, the General Manager, Wang Zuhai, the Chief Financial Officer, Liu Wanqing, the Secretary of the Board of Directors Zhang Weibin, the independent director and convener of the Audit Committee of the Board of Directors, paid attention to the supervision. |
| Handled by | Shanghai Stock Exchange Listed Company Supervision Department No.1 |
|
| Date of inquiry announcement: May 13, 2019 |
|---|
| title | Announcement of PetroChina on Receiving Inquiry Letter of 2018 Annual Report of Shanghai Stock Exchange |
| Relevant regulations | |
| Document batch number | SZGH [2019] No. 0637 |
| Reason for approval | On May 12, 2019, Sino Man Oil&Gas Group Co., Ltd. (hereinafter referred to as "the Company") received the Inquiry Letter on Post audit of 2018 Annual Report of Sino Man Oil&Gas Group Co., Ltd. (SZGH [2019] No. 0637) from Shanghai Stock Exchange. |
| Approval content | Your company is requested to disclose this letter of inquiry on May 13, 2019, and disclose the reply to this letter of inquiry before May 21, 2019, and make corresponding amendments and disclosures to the periodic report as required. |
| Handled by | Shanghai Stock Exchange |
|
| Date of inquiry announcement: December 24, 2018 |
|---|
| title | Inquiry Letter on Matters Related to the External Investment and Related Transactions of Sino Man Oil&Gas Group Co., Ltd |
| Relevant regulations | Listing Rules of Shanghai Stock Exchange |
| Document batch number | SZGH [2018] No. 2755 |
| Reason for approval | We have received the letter of inquiry from the First Department of Listed Company Supervision of Shanghai Stock Exchange on matters related to the external investment and related party transactions of Sino Man Oil&Gas Group Co., Ltd. (SGH [2018] No. 2755). |
| Approval content | Please disclose this inquiry letter and reply to our department in writing before December 28, 2018 and disclose the reply content |
| Handled by | Shanghai Stock Exchange Listed Company Supervision Department No.1 |
|
