Core Viewpoint - China Xuyang Group (01907.HK) announced the termination of a previously planned transaction with Binhai Energy (000695.SZ) regarding the sale of equity stakes in a target company, which will not adversely affect the group's business operations or financial condition [1] Group 1: Transaction Details - The agreement was originally set for May 16, 2025, involving the sale of equity stakes of 80.4765%, 0.0080%, 14.1931%, and 5.3224% held by China Xuyang Group, Xuyang Coal Chemical, Shenzhen Capital Group, and Agricultural Bank Assets respectively [1] - The parties involved, including China Xuyang Group and Binhai Energy, have mutually decided not to proceed with the proposed transaction [1] Group 2: Termination Agreement - On November 14, 2025, a termination agreement was signed, which releases all parties from their obligations under the original agreement [1] - The board of directors believes that the termination of the agreement will not have any significant adverse impact on the group's business operations and financial status [1]
中国旭阳集团:终止拟售沧州旭阳化工股权换股整合滨海能源事项