# Yanchang Petroleum International Limited
**Wikidata**: [Q11065113](https://www.wikidata.org/wiki/Q11065113)  
**Source**: https://4ort.xyz/entity/yanchang-petroleum-international-limited

## Summary
Yanchang Petroleum International Limited is a public company that offers its securities for sale to the general public, specifically listed on the Hong Kong Stock Exchange. It operates as a joint-stock organization where ownership is distributed among public shareholders rather than being a state-owned enterprise. The company began its public trading on the Hong Kong exchange on April 19, 2001, under the stock ticker 0346.

## Key Facts
- **Entity Type**: Public company (a specific legal form of joint-stock company).
- **Stock Exchange Listing**: Hong Kong Stock Exchange.
- **Stock Ticker Symbol**: 0346.
- **Listing Start Date**: April 19, 2001.
- **Ownership Structure**: Distributed among general public shareholders; distinct from government agencies or public enterprises.
- **Synonyms**: Publicly traded company, publicly held company, listed company.
- **Classification**: Subclass of "enterprise" and "business."
- **Reference Source**: HKEX company profile page (https://www.hkex.com.hk/eng/invest/company/profile_page_e.asp?WidCoID=0346&WidCoAbbName=&Month=&langcode=e).
- **Freebase ID**: /m/0cp7tx9.
- **Wikipedia Language Coverage**: Chinese (zh).

## FAQs
**What is the primary function of Yanchang Petroleum International Limited?**
It functions as a public corporation that raises capital by offering securities like stocks and bonds to the general public through a stock exchange. This structure allows it to access a wide pool of investors for business operations and expansion.

**How is Yanchang Petroleum International Limited classified legally?**
The entity is classified as a joint-stock company and a specific legal form of organization known as a public company. It is distinct from private companies, public enterprises, or government agencies which have different ownership and control structures.

**When did Yanchang Petroleum International Limited begin trading on the Hong Kong Stock Exchange?**
The company started its public trading on the Hong Kong Stock Exchange on April 19, 2001. It has been identified by the stock ticker symbol 0346 since that date.

**Who owns Yanchang Petroleum International Limited?**
Ownership is held by its shareholders, which can include individuals, institutional investors, or other entities that have purchased its publicly traded securities. This differs from state-owned entities where the government holds the primary ownership.

## Why It Matters
Yanchang Petroleum International Limited represents a fundamental pillar of modern capitalism by serving as a vehicle for large-scale capital formation. Its public listing structure enables the company to secure funding from a broad investor base, facilitating business expansion, innovation, and infrastructure projects that might be impossible for private entities to fund alone. By adhering to strict regulatory disclosure and reporting standards, it promotes market transparency and investor confidence. Furthermore, it provides a mechanism for wealth creation and retirement savings for millions of individuals who participate in public stock markets, thereby playing a critical role in driving global economic growth.

## Notable For
- Being a listed company on the Hong Kong Stock Exchange with the specific ticker symbol 0346.
- Commencing public trading operations on April 19, 2001.
- Operating under the legal definition of a public company rather than a private or state-owned enterprise.
- Serving as a primary example of a joint-stock company where ownership is separated from control.
- Being recognized in financial resources and academic databases under the topic of public companies.
- Having a verified Freebase identifier (/m/0cp7tx9) and presence in Chinese-language knowledge bases.

## Body

### Definition and Core Characteristics
Yanchang Petroleum International Limited is defined by its status as a public company, meaning it offers its securities to the general public. This capability distinguishes it from private companies, which raise funds from a closed group of investors. The entity operates as a joint-stock company, a specific legal form of organization where capital is divided into shares. Its primary characteristic is the ability to have shares traded openly on a public market, allowing any member of the general public to become an owner.

### Listing and Market Data
The company is listed on the Hong Kong Stock Exchange, a major financial hub in Asia. Its trading began on April 19, 2001, marking the start of its public market presence. The specific stock ticker assigned to the entity is 0346. This listing information is verified through the Hong Kong Exchanges and Clearing Limited (HKEX) company profile, which serves as the official reference for its market data.

### Ownership and Governance Structure
Ownership of Yanchang Petroleum International Limited is distributed among general public shareholders. This includes individuals, institutional investors, and other entities that have purchased its securities. Governance is typically provided by a board of directors elected by these shareholders, creating a classic separation of ownership and control. This structure is distinct from "public enterprises" or "cooperatives," which may involve government ownership or member-based control structures.

### Classification and Terminology
The entity is classified as a subclass of an "enterprise" and is a specific type of "business." In the context of corporate law, it is synonymous with terms such as "publicly traded company," "publicly held company," and "listed company." It is important to note that the term "public company" does not imply state ownership; rather, it refers to the public availability of its stock. This distinguishes it from government agencies or state-owned enterprises.

### Global Recognition and Digital Presence
The concept of this entity is recognized globally and is documented in various knowledge bases. It has a specific entry in the Chinese version of Wikipedia, indicated by the language code "zh." The entity is also cataloged in the Freebase knowledge graph with the ID /m/0cp7tx9. It is a subject covered in financial resources like Investopedia and academic resources like ScienceDirect, often categorized under topics such as "economics-econometrics-and-finance/public-company."

### Regulatory and Economic Role
As a public company, Yanchang Petroleum International Limited is required to adhere to strict regulatory disclosure and reporting standards. These requirements promote transparency for investors and ensure that the market operates with integrity. The company serves as a mechanism for wealth creation, allowing investors to easily buy and sell ownership stakes, which provides liquidity to the market. This structure supports large-scale business operations in developed economies and facilitates investment that drives economic growth.

## References

1. [Source](https://www.hkex.com.hk/eng/invest/company/profile_page_e.asp?WidCoID=0346&WidCoAbbName=&Month=&langcode=e)