SDSL plans to purchase equity in several subsidiaries held by CHINA OIL & GAS

Zhitong
2025.10.27 14:01
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SDSL plans to acquire equity in CHINA OIL & GAS and its subsidiaries through the issuance of shares and cash payments. The transaction includes the acquisition of partial equity in China Oil Zhuhai, Tianda Shengtong, Nantong Zhongyou, and Ganhe Zhongyou. This letter of intent was signed on October 27, 2025. SDSL is listed on the Shenzhen Stock Exchange, with approximately 22.16% of shares issued