Petrochina Daqing Petrochemical Co., Ltd. signed an agreement to acquire additional 15.69% stake in Daqing Huake Company Limited (SZSE:000985) from China Petroleum Linyuan Oil Refinery Co., Ltd. for CNY 0 on April 10, 2020. As part of the transaction, China Petroleum Linyuan Oil Refinery Co., Ltd. transfers 20,339,700 shares of Daqing Huake. Post completion of this transaction, Petrochina Daqing Petrochemical Co., Ltd. will hold 55.03% stake in Daqing Huake directly and in conjunction with Daqing Petrochemical Construction Co., Ltd.