Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON
  1. Homepage
  2. Equities
  3. Hong Kong
  4. Hong Kong Stock Exchange
  5. PetroChina Company Limited
  6. News
  7. Summary
    857   CNE1000003W8

PETROCHINA COMPANY LIMITED

(857)
  Report
End-of-day quote. End-of-day quote Hong Kong Stock Exchange - 06/18
3.58 HKD   -2.45%
06/21China launches crude oil options open to foreign traders
RE
06/21PETROCHINA COMPANY LIMITED : Ex-dividend day for final dividend
FA
06/16Hong Kong Hang Seng Off 0.7%, Shanghai Down 1.1% As Tech Slips
MT
SummaryChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

PetroChina : EMOLUMENT ADJUSTMENT OF INDEPENDENT NON-EXECUTIVE DIRECTORS

03/25/2021 | 04:25am EDT

Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, 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 announcement.

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)

EMOLUMENT ADJUSTMENT OF INDEPENDENT NON-EXECUTIVE

DIRECTORS

We refer to the circular dated 22 April 2020 and the announcement dated 11 June 2020 of the PetroChina Company Limited (the "Company", together with its subsidiaries, the "Group"), in relation to, among others, the election of Ms. Elsie Leung Oi-sie, Mr. Tokuchi Tatsuhito, Mr. Simon Henry, Mr. Cai Jinyong and Mr. Jiang, Simon X. as independent non-executive directors of the Company (the "INEDs"), the emoluments of whom would be fixed by the board of directors of the Company (the "Board") pursuant to the authorization granted by the shareholders at the annual general meeting of the Company for the year 2019 (the "2019 AGM") by reference to their duties, responsibilities and performance and the results of the Group.

The Board announces that, due to the higher performance from INEDs as required by the Company's improvement of corporate governance and high quality, green and low carbon development, the annual basic emolument after tax of each INED would be adjusted from RMB200,000 to RMB330,000 ("Emolument Adjustment"), with reference to the operation and development of the Company, prevailing payment and the emoluments paid by our comparable peers. The Emolument Adjustment shall take effect retrospectively from 11 June 2020, being the date when the INEDs were elected at the 2019 AGM. Save as disclosed herein, all other terms and conditions of the INEDs' emoluments remain unchanged. The Emolument Adjustment was proposed by the Company's examination and remuneration committee and approved by the Board.

By order of the Board PetroChina Company Limited

Company Secretary

Chai Shouping

Beijing, the PRC

25 March 2021

As at the date of this announcement, the Board comprises Mr. Dai Houliang as Chairman; Mr. Li Fanrong as Vice Chairman and non-executive Director; Mr. Duan Liangwei, Mr. Liu Yuezhen and Mr. Jiao Fangzheng as non-executive Directors; Mr. Huang Yongzhang as executive Director and Ms. Elsie Leung Oi-sie, Mr. Tokuchi Tatsuhito, Mr. Simon Henry, Mr. Cai Jinyong and Mr.

Jiang, Simon X. as independent non-executive Directors

Disclaimer

PetroChina Company Ltd. published this content on 25 March 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 25 March 2021 09:24:05 UTC.


© Publicnow 2021
All news about PETROCHINA COMPANY LIMITED
06/21China launches crude oil options open to foreign traders
RE
06/21PETROCHINA COMPANY LIMITED : Ex-dividend day for final dividend
FA
06/16Hong Kong Hang Seng Off 0.7%, Shanghai Down 1.1% As Tech Slips
MT
06/13CNOOC  : CNODC to Pay Nearly $3 Billion for Brazilian Oilfield Surplus
MT
06/11Hong Kong Hang Seng Up 0.4% On Oil Issues; Tech Shares Gain
MT
06/11China's teapots snap up fuel oil after 5-year import hiatus - sources
RE
06/10PETROCHINA  : RESOLUTIONS PASSED AT THE ANNUAL GENERAL MEETING FOR THE YEAR 2020..
PU
06/10PETROCHINA  : Resolutions Passed at the Annual General Meeting for the Year 2020..
PU
06/08EXCLUSIVE : China tells PetroChina to stop trading off oil quotas with teapots
RE
06/02Asian ADRs Slightly Lower in Wednesday Trading
MT
More news
Financials
Sales 2021 2 200 B 341 B 341 B
Net income 2021 66 222 M 10 251 M 10 251 M
Net Debt 2021 307 B 47 566 M 47 566 M
P/E ratio 2021 7,85x
Yield 2021 6,61%
Capitalization 887 B 137 B 137 B
EV / Sales 2021 0,54x
EV / Sales 2022 0,51x
Nbr of Employees 432 003
Free-Float 15,9%
Chart PETROCHINA COMPANY LIMITED
Duration : Period :
PetroChina Company Limited Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends PETROCHINA COMPANY LIMITED
Short TermMid-TermLong Term
TrendsBullishBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 18
Average target price 3,25 CNY
Last Close Price 2,85 CNY
Spread / Highest target 53,2%
Spread / Average Target 14,3%
Spread / Lowest Target -14,6%
EPS Revisions
Managers and Directors
NameTitle
Yong Zhang Huang President & Executive Director
Shou Ping Chai Chief Financial Officer & Secretary
Hou Liang Dai Chairman
Bo Lü Chairman-Supervisory Board
Jigang Yang Chief Engineer
Sector and Competitors
1st jan.Capitalization (M$)
PETROCHINA COMPANY LIMITED49.17%138 954
SAUDI ARABIAN OIL COMPANY0.71%1 881 564
ROYAL DUTCH SHELL PLC14.07%150 030
TOTALENERGIES SE12.00%123 253
GAZPROM28.59%88 167
PETRÓLEO BRASILEIRO S.A. - PETROBRAS-0.07%73 789