Group 1 - The company announced the sale of its wholly-owned subsidiary HLG BVI, which operates the Los Blancos oil concession in Argentina, holding a 50% interest in oil extraction rights [1][2] - The sale agreement was signed with Lantau Tomorrow Development Inc., a buyer familiar with the Argentine business environment, and the price was determined based on HLG BVI's net asset value and market conditions [1] - Following the completion of the sale, HLG BVI will no longer be a subsidiary of the company, and its financial data will not be consolidated into the company's future financial statements [2] Group 2 - The sale aligns with the company's intention to exit the northeastern Argentine oil and gas business, allowing for operational streamlining and resource reallocation to other business segments [2] - The strategic move aims to reduce geopolitical and operational risks associated with the Argentine oil business [2]
新时代集团控股(00166)出售阿根廷东北部上游油气业务