新天然气: 新天然气-关于境外附属公司资本重组及供股的自愿性公告

Transaction Overview - The overseas subsidiary of the company, China Energy Development Holdings Limited, plans to conduct a rights issue on the Hong Kong Stock Exchange, offering 1 new share for every 2 shares held, aiming to raise approximately HKD 239 million for the Akmomu Gas Field project in Kashgar North [1][4] - Prior to the rights issue, a capital restructuring plan will be implemented, including share consolidation, capital reduction, and share split, as required by regulatory authorities in Hong Kong and the Cayman Islands [1][3] Capital Restructuring Details - Share consolidation will merge every 40 existing shares with a par value of HKD 0.05 into 1 share with a par value of HKD 2 [2] - Following the consolidation, a capital reduction will reduce the par value of the shares from HKD 2 to HKD 0.05, with the reduction amount transferred to the paid-in surplus account [2][3] - After the capital reduction, a share split will occur, converting each share with a par value of HKD 2 into 40 shares with a par value of HKD 0.05, restoring the legal capital to HKD 1.25 billion [2][3] Company Background - China Energy Development Holdings Limited was established on April 4, 2001, and is primarily engaged in the exploration, development, production, and sale of oil and gas [4] - As of the announcement date, the company has a total issued share capital of HKD 1.25 billion, divided into 25 billion shares with a par value of HKD 0.05 each [2][4] - Major shareholders include Jiying Limited (21.87%), Bailong Limited (7.97%), and UK Wobang Petroleum Group Limited (15.29%) [4] Financial Data - As of December 31, 2024, the company reported total assets of HKD 2.27 billion, total liabilities of HKD 480.15 million, and a net asset value attributable to shareholders of HKD 1.78 billion [4] - The company's revenue for 2024 was HKD 300.1 million, with a net profit attributable to shareholders of HKD 27.34 million [4] Project Details - The Kashgar North project includes exploration, development, and production phases, with the Akmomu Gas Field having proven natural gas reserves of 44.6 billion cubic meters and a designed annual production capacity of 1.11 billion cubic meters [5] - The project has significant exploration potential, with three confirmed traps and substantial resource scale [5] Rights Issue Plan - The rights issue price is set at HKD 1.57 per share, reflecting recent market prices and adjustments due to the capital restructuring [5] - The total scale of the rights issue is approximately HKD 239 million, with an expected issuance of 152,066,800 new shares [4][5] Strategic Impact - The rights issue aligns with the company's strategy to enhance its natural gas energy value chain and supports the accelerated development and production of the Kashgar North project [5]