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    857   CNE1000003W8

PETROCHINA COMPANY LIMITED

(857)
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PetroChina : Circular

04/20/2021 | 05:05am EDT

THIS DOCUMENT IS IMPORTANT AND REQUIRES YOUR IMMEDIATE ATTENTION

If you are in any doubt as to any aspect of this circular, you should consult your stockbroker, bank manager, solicitor, professional accountant or other professional adviser.

If you have sold or transferred all your Shares in PetroChina Company Limited, you should at once hand this circular and the accompanying form of proxy to the purchaser or to the bank, stockbroker, licensed securities dealer or other agent through whom the sale was effected for delivery to the purchaser.

Hong Kong Exchange and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this document, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this document.

中 國 石 油 天 然 氣 股 份 有 限 公 司

PETROCHINA COMPANY LIMITED

(a joint stock limited company incorporated in the People's Republic of China with limited liability)

(Stock Code: 857)

PROPOSED CHANGE OF AUDITORS

PROVISION OF GUARANTEE FOR SUBSIDIARIES AND

AFFILIATED COMPANIES AND

RELEVANT AUTHORIZATION TO THE BOARD

GENERAL MANDATE TO ISSUE BONDS

AND

NOTICE OF ANNUAL GENERAL MEETING

IMPORTANT NOTICE: PLEASE NOTE THAT THE SOLE PURPOSE OF DISTRIBUTING THIS CIRCULAR IS TO PROVIDE THE SHAREHOLDERS OF PETROCHINA COMPANY LIMITED WITH INFORMATION REGARDING THE PROPOSED CHANGE OF AUDITORS, THE PROVISION OF GUARANTEE FOR SUBSIDIARIES AND AFFILIATED COMPANIES AND RELEVANT AUTHORIZATION TO THE BOARD (AS DEFINED BELOW) AND THE BOND ISSUE MANDATE (AS DEFINED BELOW), SO THAT THE SHAREHOLDERS OF PETROCHINA COMPANY LIMITED MAY MAKE AN INFORMED DECISION ON VOTING IN RESPECT OF THE RESOLUTIONS TO BE PROPOSED AT THE ANNUAL GENERAL MEETING.

A notice convening the AGM to be held at V-Continent Wuzhou Hotel, No. 8, North 4th Circle, Middle Road, Chaoyang District, Beijing, the PRC on Thursday, 10 June 2021 at 9:00 a.m. is set out on pages 11 to 14 of this circular. A form of proxy for use in connection with the AGM is enclosed herewith. Whether or not you are able to attend the AGM, please complete and return the form of proxy accompanying this circular in accordance with the instructions printed thereon, as soon as possible and in any event not less than 24 hours before the time appointed for the holding of the AGM (i.e., by not later than 9:00 a.m., on Wednesday, 9 June 2021). Completion and return of the form of proxy will not preclude you from attending and voting in person at the meeting or any adjourned meeting should you so wish.

20 April 2021

CONTENTS

Page

DEFINITIONS . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

1

LETTER FROM THE BOARD . . . . . . . . . . . . . . . . . . . . . . . . . . .

3

INTRODUCTION . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

3

PROPOSED CHANGE OF AUDITORS . . . . . . . . . . . . . . . . . . . . . .

4

PROVISION OF GUARANTEE FOR SUBSIDIARIES AND AFFILIATED COMPANIES

  AND RELEVANT AUTHORIZATION TO THE BOARD . . . . . . . . . . . . . .

4

GENERAL MANDATE TO ISSUE BONDS . . . . . . . . . . . . . . . . . . . .

9

ANNUAL GENERAL MEETING . . . . . . . . . . . . . . . . . . . . . . . . .

9

RECOMMENDATIONS . . . . . . . . . . . . . . . . . . . . . . . . . . . .

10

VOTES TO BE TAKEN BY POLL . . . . . . . . . . . . . . . . . . . . . . . .

10

NOTICE OF ANNUAL GENERAL MEETING . . . . . . . . . . . . . . . . . . . .

11

- i -

DEFINITIONS

In this circular, unless the context requires otherwise, the following expressions have the following meanings:

"ADS(s)"

the American Depository Share(s) issued by the Bank of New

York as the depository bank and listed on the New York Stock

Exchange, with the ADS representing 100 H Shares

"AGM"

the annual general meeting of the Company to be held at

V-Continent Wuzhou Hotel, No. 8, North 4th Circle, Middle Road,

Chaoyang District, Beijing, the PRC on Thursday, 10 June 2021 at

9:00 a.m.

"AGM Notice"

the notice of the AGM as set out on pages 11 to 14 of this circular

"Articles of Association"

the articles of association of the Company

"A Share(s)"

the domestic shares issued by the Company to domestic investors

and denominated in Renminbi

"Board"

the board of Directors of the Company

"CNPC"

China National Petroleum Corporation, the controlling

Shareholder, which holds a total of approximately 80.41% equity

interests in the Company as of the date of this circular

"Company" or "the Company"

PetroChina Company Limited (中國石油天然氣股份有限公司),

a joint stock company limited by shares incorporated in the PRC

on 5 November 1999 under the PRC Company Law, the H Shares

of which are listed on the Stock Exchange with ADSs listed on the

New York Stock Exchange and the A Shares of which are listed on

the Shanghai Stock Exchange

"Director(s)"

the director(s) of the Company

"Group"

the Company and its subsidiaries

"Hong Kong"

the Hong Kong Special Administrative Region of the PRC

"Hong Kong Listing Rules"

the Rules Governing the Listing of Securities on The Stock

Exchange of Hong Kong Limited

"H Share(s)"

the overseas-listed foreign share(s) in the Company's share capital,

with a nominal value of RMB1.00 each, which are listed on the

Stock Exchange and subscribed for in Hong Kong dollars, and

which include the H Share(s) and the underlying ADS(s)

- 1 -

DEFINITIONS

"PRC" or "China"

the People's Republic of China excluding, for the purpose of this

circular, Hong Kong, the Macau Special Administrative Region

and Taiwan

"RMB"

Renminbi yuan, the lawful currency of the PRC

"Shanghai Listing Rules"

the Rules Governing the Listing of Securities on Shanghai Stock

Exchange

"Share(s)"

shares of the Company, including the A Share(s) and the H

Share(s)

"Shareholder(s)"

holder(s) of Shares of the Company

"Stock Exchange"

The Stock Exchange of Hong Kong Limited

"Supervisory Committee"

The supervisory committee of the Company

- 2 -

LETTER FROM THE BOARD

中 國 石 油 天 然 氣 股 份 有 限 公 司

PETROCHINA COMPANY LIMITED

(a joint stock limited company incorporated in the People's Republic of China with limited liability)

(Stock Code: 857)

Board of Directors:

Legal Address:

Dai Houliang (Chairman)

World Tower

Li Fanrong (Vice Chairman)

16 Andelu

Duan Liangwei

Dongcheng District

Liu Yuezhen

Beijing 100011

Jiao Fangzheng

PRC

Huang Yongzhang

Elsie Leung Oi-sie*

Office Address:

Tokuchi Tatsuhito*

9 Dongzhimen North Street

Simon Henry*

Dongcheng District

Cai Jinyong*

Beijing 100007

Jiang, Simon X.*

PRC

  • Independent non-executive Directors

20 April 2021

To the Shareholders

Dear Sir/Madam,

PROPOSED CHANGE OF AUDITORS

PROVISION OF GUARANTEE FOR SUBSIDIARIES AND

AFFILIATED COMPANIES AND

RELEVANT AUTHORIZATION TO THE BOARD

GENERAL MANDATE TO ISSUE BONDS

AND

NOTICE OF ANNUAL GENERAL MEETING

INTRODUCTION

The purpose of this circular is to provide you with information regarding the proposed change of auditors, the Provision of Guarantee for Subsidiaries and Affiliated Companies and Relevant Authorization to the Board (as defined below) and the Bond Issue Mandate (as defined below) in order to allow you to make an informed decision on voting in respect of the resolutions to be proposed at the AGM.

- 3 -

This is an excerpt of the original content. To continue reading it, access the original document here.

Disclaimer

PetroChina Company Ltd. published this content on 20 April 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 20 April 2021 09:04:04 UTC.


© Publicnow 2021
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