Kunlun Energy Co. Ltd. announced on July 23, 2025, that it entered into a Sale and Purchase Agreement with PetroChina. Under this agreement, Kunlun Energy's subsidiary, PetroChina Kunlun, will sell 51% of its equity interests in Tianjin Compression Co., a company established in the People's Republic of China. The transaction has been approved by the Board and is subject to reporting and announcement requirements according to Chapter 14A of the Listing Rules.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.