TTCO Trust ? Jintong No. 10 Collective Asset Trust Plan managed by Tibet Trust Corporation Limited, Asset Management Arm agreed to acquire 5% stake in Zhongman Petroleum and Natural Gas Group Corp.,Ltd. from Li Yuchi, Shanghai Zhongman Investment Holding Co., Ltd., Shanghai Gongxing Investment Center (Limited Partnership), Shanghai Gongrong Investment Center (Limited Partnership) and Shanghai Gongyuan Investment Center (Limited Partnership) for approximately CNY 430 million.

TTCO Trust ? Jintong No. 10 Collective Asset Trust Plan managed by Tibet Trust Corporation Limited, Asset Management Arm agreed to acquire 5% stake in Zhongman Petroleum and Natural Gas Group Corp.,Ltd. (SHSE:603619) from Li Yuchi, Shanghai Zhongman Investment Holding Co., Ltd., Shanghai Gongxing Investment Center (Limited Partnership), Shanghai Gongrong Investment Center (Limited Partnership) and Shanghai Gongyuan Investment Center (Limited Partnership) for approximately CNY 430 million on June 18, 2024.

A cash consideration of CNY 429.2 million will be paid by TTCO Trust ? Jintong No. 10 Collective Asset Trust Plan and Tibet Trust Corporation Limited, Asset Management Arm for 20,000,177 shares at CNY 21.46 per share.