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Is it possible for PetroChina to restructure its capital?

Unlikely. Because PetroChina Capital and SDIC Capital are both central enterprises, and both involve financial business, if they are reorganized, they will involve many problems, such as asset liquidation and personnel placement, and it is more difficult to reorganize. Reorganization refers to the act that a company obtains the ownership or management control of the assets of the acquired company by purchasing part or all of the shares of other companies. After the reorganization of the company, the original shareholders' equity may change. Therefore, it is unlikely that PetroChina will reorganize its capital.