Core Viewpoint - Hangpin Life Technology (01682) announced the sale of shares in China Petroleum and China National Offshore Oil Corporation, indicating a strategic move to liquidate investments in the oil sector [1] Group 1: Sale of China Petroleum Shares - On December 16, 2025, the company’s indirect wholly-owned subsidiary sold a total of 230,000 shares of China Petroleum at an aggregate price of approximately HKD 1.8469 million, excluding transaction costs [1] - The average selling price per share for China Petroleum was approximately HKD 8.03 [1] Group 2: Sale of China National Offshore Oil Shares - On the same date, the subsidiary sold a total of 160,000 shares of China National Offshore Oil Corporation for an aggregate price of approximately HKD 3.2416 million, excluding transaction costs [1] - The average selling price per share for China National Offshore Oil was approximately HKD 20.26 [1]