Xinte Energy Co. Ltd. has announced a capital injection agreement involving a deemed disposal related to the introduction of a third-party investor, ABC Financial Asset Investment Co. Ltd., into its subsidiary, TBEA Xinjiang Sunoasis Co., Ltd. On June 18, 2025, the parties entered into an agreement for ABC Financial to inject RMB1 billion into Sunoasis. This move is intended to bolster the subsidiary's financial position. The completion of this transaction is set for the date when ABC Financial transfers the agreed monetary funds as per the terms of the Capital Injection Agreement. This announcement marks a significant step in the company's strategic financial operations.
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