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SASAC Clears PetroChina’s Share Transfer to China Mobile

Sep 03, 2025, 3:29 a.m. ET

AsianFin -- PetroChina said the State-owned Assets Supervision and Administration Commission (SASAC) has approved the transfer of 541.2 million mainland-listed shares, representing 0.3% of its total equity, to China Mobile. The move will not alter PetroChina’s controlling shareholder structure, the company added.

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