---
title: "Oriental Energy: The concerted action party of the controlling shareholder has obtained a commitment letter for a special loan for increasing holdings, with the loan not exceeding 225 million yuan"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/252654448.md"
description: "Oriental Energy announced that its controlling shareholder Donghua Petroleum and its concerted party Mason Energy plan to increase their holdings in the company within six months starting from April 9, 2025, with an increase of no less than 1.9% and no more than 2%. Mason Energy has reached a cooperation agreement with the Zhangjiagang branch of Industrial and Commercial Bank of China to obtain a loan commitment letter of no more than 225 million yuan, specifically for the purpose of increasing their holdings in Oriental Energy shares"
datetime: "2025-08-12T10:52:10.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/252654448.md)
  - [en](https://longbridge.com/en/news/252654448.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/252654448.md)
---

> Supported Languages: [简体中文](https://longbridge.com/zh-CN/news/252654448.md) | [繁體中文](https://longbridge.com/zh-HK/news/252654448.md)


# Oriental Energy: The concerted action party of the controlling shareholder has obtained a commitment letter for a special loan for increasing holdings, with the loan not exceeding 225 million yuan

Oriental Energy announced that its controlling shareholder Donghua Petroleum Co., Ltd. and its concerted party Mason Energy Co., Ltd. plan to increase their holdings in the company within six months starting from April 9, 2025, with the intended increase not less than 1.9% and not exceeding 2% of the company's total share capital. Mason Energy Co., Ltd. recently reached a cooperation intention with the Zhangjiagang branch of Industrial and Commercial Bank of China Limited, obtaining a "Loan Commitment Letter" issued by them, with a loan amount not exceeding RMB 225 million, to be used solely for increasing holdings in Oriental Energy stock

### Related Stocks

- [Oriental Energy (002221.CN)](https://longbridge.com/en/quote/002221.CN.md)

## Related News & Research

- [Saudi Aramco CEO: Global oil demand expected to reach record high of 107.3 million bpd in 2026](https://longbridge.com/en/news/278519580.md)
- [Oil prices: Drivers rush to fill tanks in China before fuel price hike](https://longbridge.com/en/news/278512011.md)
- [Saudi Aramco Q4 capex 50,146 mln riyals](https://longbridge.com/en/news/278494829.md)
- [Corn Futures Rise as Crude Oil Surges -- Daily Grain Highlights](https://longbridge.com/en/news/278771253.md)
- [Franco-Nevada (NYSE:FNV) Sees Large Volume Increase Following Strong Earnings](https://longbridge.com/en/news/278761206.md)