Core Viewpoint - 延长石油国际 announced a loan extension agreement with its controlling shareholder, which may impact its financial stability and operational flexibility [1] Group 1: Stock Performance - As of December 17, 2025, 延长石油国际 closed at 0.39 HKD, up 4.0% from the previous trading day [1] - The stock opened at 0.38 HKD, reached a high of 0.4 HKD, and a low of 0.38 HKD, with a trading volume of 3,850 HKD [1] - The stock's 52-week high was 0.61 HKD, and the low was 0.24 HKD [1] Group 2: Loan Agreement Details - 延长石油国际's subsidiary Novus entered into a loan extension agreement with 延长石油香港, extending a 35 million USD loan due on January 17, 2026, to January 17, 2027 [1] - The loan carries an annual interest rate of 4.8%, with interest payments made quarterly [1] - The transaction is classified as a related party transaction, requiring compliance with listing rules due to the loan's percentage rate exceeding 5% and the amount exceeding 10 million HKD [1] Group 3: Governance and Compliance - 延长石油香港 will abstain from voting at the upcoming special shareholders' meeting regarding the loan [1] - The loan is secured by properties and personal assets held by Novus, including first and fixed charges, first priority charges, and floating charges [1] - An independent board committee will be established, and an independent financial advisor will be appointed, with a circular expected to be sent to shareholders by December 23, 2025 [1]
延长石油国际（00346.HK）披露关连交易重续3500万美元贷款，12月17日股价上涨4.0%