长盈集团(控股)(00689) - 2025 - 年度业绩

Supplemental Announcement: Discloseable Transaction and 2024 Annual Report Supplemental Information on the Discloseable Transaction This section details the rationale behind the oil well transaction, focusing on cost reasonableness and the structure of exploitation rights Well Cost Assessment The company justifies the fairness and reasonableness of the well cost through a multi-dimensional assessment, including comparative analysis and market inquiries Well Cost Cap | Item | Amount (CAD) | | :--- | :--- | | Estimated Well Cost Cap | Not exceeding 1,298,511 | - Compared to two adjacent wells, the target well demonstrates superior cost-effectiveness with lower ratios of DCET to horizontal length and DCET to 30-day initial production[3] - The Group assessed the reasonableness of approximately 70% of the well costs, including surface lease, drilling, equipment, and completion, through market quotations or tenders[5] Exploitation Rights Arrangement The company outlines the exploitation rights structure, designed to accelerate payback and ensure stable, long-term profitability comparable to existing assets Exploitation Rights Allocation Structure | Phase | Group's Exploitation Rights Percentage | | :--- | :--- | | Before Cost Recovery | 70% | | After Cost Recovery | 50% | - The higher 70% interest before cost recovery is designed to achieve a faster break-even point compared to the Group's existing wells[6][7] - The 50% interest after cost recovery ensures stable income over the well's life with reduced operating costs, yielding net profits and margins similar to existing wells[6][7] Supplemental Information on the 2024 Annual Report This section provides supplemental details on the company's share option scheme from the 2024 annual report, clarifying grants, available options, and holding periods Share Option Scheme Details The company clarifies that no share options were granted during the year, and outlines the total options available and the absence of a minimum holding period - No share options were granted during the year ended December 31, 2024[8] Number of Share Options Available for Grant (as of 2024) | Date | Number of Options Available for Grant | | :--- | :--- | | January 1, 2024 | 524,034,404 shares | | December 31, 2024 | 524,034,404 shares | - Under the share option scheme, there is no minimum holding period for granted options before they become exercisable, unless otherwise specified by the Board[8]