Summary by Moomoo AI
PetroChina announced on October 29, 2024 that its board of directors has approved the 'quality improvement, efficiency enhancement, and return to growth' action plan. The plan aims to respond to the initiative of the Shanghai Stock Exchange, integrate with the company's development strategy, and enhance the company's value creation capability by strengthening oil and gas exploration and development, refining transformation and upgrading, and improving market competitiveness. At the same time, PetroChina emphasized increasing shareholder returns, continuously stimulating innovation vitality, and accelerating the development of new quality productivity. In addition, the company will enhance investor communication, improve market recognition, operate in accordance with domestic and overseas regulatory requirements, and strengthen market cap management. PetroChina promises to continuously evaluate the specific measures of the action plan and fulfill its disclosure obligations in a timely manner.