Core Viewpoint - The company plans to transfer its stakes and assets in several gas-related subsidiaries to a wholly-owned subsidiary of its controlling shareholder, China National Offshore Oil Corporation, for a total price of 371 million yuan [1] Group 1: Transaction Details - The company intends to transfer 70% equity and debt of CNOOC Industrial Gases (Zhuhai) Co., Ltd., 65% equity of CNOOC Industrial Gases (Ningbo) Co., Ltd., 50% equity of CNOOC Air Products (Fujian) Co., Ltd., and assets of the Cryogenic Utilization Technology Center [1] - The total transfer price for these assets is 371 million yuan [1] Group 2: Strategic Implications - The sale of the cryogenic business and assets is expected to help the company recover its previous investments and focus on the development of its core business [1] - This move aims to assist in building a specialized and innovative energy technology service company [1]

Group 1 - The company plans to transfer its stakes in several subsidiaries related to industrial gas and cold energy utilization to its controlling shareholder, China National Offshore Oil Corporation (CNOOC), through a private agreement [1] - The total transfer price for the stakes and assets amounts to 371 million yuan [1] - This divestiture is aimed at recouping previous investments to focus on core business development, enhancing the company's position as a specialized and innovative energy technology service provider [1]