Petro-King Oilfield Services Limited (2178) released additional information regarding its purchase of new equipment, as originally disclosed on January 27, 2026. The new announcement provides further clarity on the structure and ownership of the vendor involved in the transaction.

According to the latest statement, the vendor is wholly owned by Sany Petroleum Intelligent Equipment Co., Ltd., which is 99% owned by Hunan Sanyi Petroleum Equipment Co., Ltd. and 1% owned by Maxcrane Machinery Co., Ltd. Hunan Sanyi is wholly owned by Sany Oil Technology Hongkong Limited, and the latter is wholly owned by Sany Heavy Equipment International Holdings Company Limited (Sany International, 00631), listed on The Stock Exchange of Hong Kong Limited. Sany International and its subsidiary focus on the design, manufacture, and sales of mining equipment, logistics equipment, robotic and smart products and spare parts, and also provide related services. The board of Petro-King Oilfield Services Limited confirms that both the vendor and its ultimate beneficial owners are Independent Third Parties. All other details in the original announcement remain unchanged.