Zhongman Petroleum Completes Four Block Trades Worth RMB 67.26 Million
Zhongman Petroleum completed four block trades on August 10, totaling 3.18 million shares for RMB 67.26 million. All trades were executed at RMB 21.15 per share, a 7.96% discount to the closing price. An institutional seat recorded a net purchase of RMB 9.09 million. The stock closed at RMB 22.98, up 2.13%, with a daily turnover rate of 6.99% and full-day turnover of RMB 735 million. Over the past three months, the company has recorded six block trades totaling RMB 88.64 million.
Zhongman Petroleum completed four block trades on the block trading platform on August 10, with an aggregate volume of 3.18 million shares and a total transaction value of RMB 67.257 million. All four trades were executed at RMB 21.15 per share, representing a 7.96% discount to the day's closing price. The seller for all four trades was the Tacheng Road securities business department of Guotai Haitong Securities in Shanghai's Jiading District, while buyers included the Huayuan Shiqiao Road securities business department of UBS Securities, the GF Securities headquarters, and an institutional special seat. The single trade conducted through the institutional special seat had a transaction value of RMB 9.0945 million and represented a net purchase. Over the past three months, the stock has recorded six block trades with a combined value of RMB 88.642 million.
Zhongman Petroleum closed at RMB 22.98 on August 10, up 2.13%, with a daily turnover rate of 6.99%. Full-day turnover reached RMB 735 million, with main capital net inflow of RMB 23.1744 million. Over the past five trading days, the stock has advanced 8.50%, although cumulative capital flows during the period showed a net outflow of RMB 71.1566 million. Margin trading data showed the latest margin financing balance at RMB 774 million, up RMB 9.7318 million, or 1.27%, over the past five days.
Zhongman Petroleum and Natural Gas Group Co. , Ltd. was established on June 13, 2003, with registered capital of RMB 462.338461 million.