Core Viewpoint - China Xuyang Group (01907.HK) announced the termination of a previously planned transaction with Binhai Energy (000695.SZ), which involved the sale of various equity stakes in a target company [1] Group 1: Transaction Details - The agreement was originally set for May 16, 2025, where Xuyang Group and its subsidiaries, along with Shenchuang Investment and Agricultural Bank Assets, agreed to sell their respective stakes of 80.4765%, 0.0080%, 14.1931%, and 5.3224% in the target company in exchange for shares issued by Binhai Energy [1] - On November 14, 2025, a termination agreement was signed, mutually agreeing to end the transaction and release each party from their obligations under the original agreement [1] Group 2: Impact on Business - 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 condition [1]