CNOOC EnerTech plans to sell part of its cold energy business and assets for 371 million yuan to support the development of its core business
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CNOOC EnerTech announced plans to sell part of its cold energy business and assets for 371 million yuan, including equity in Zhuhai Air Separation, Ningbo Air Separation, and Fujian Air Separation, as well as cold energy center assets, to its controlling shareholder CNOOC's wholly-owned subsidiary. This sale will help the company recover investments, support core business development, and promote the construction of a specialized innovative energy technology service company
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