Xinte Energy Co. Ltd. Announces Capital Injection Agreement with ABC Financial to Boost Subsidiary Sunoasis

Reuters

06-18

Xinte Energy Co. Ltd. Announces Capital Injection Agreement with ABC Financial to Boost Subsidiary Sunoasis

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.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Xinte Energy Co. Ltd. published the original content used to generate this news brief on June 18, 2025, and is solely responsible for the information contained therein.

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Ltd. Announces Capital Injection Agreement with ABC Financial to Boost Subsidiary Sunoasis\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time smaller\">2025-06-18 21:40</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      Xinte Energy Co. Ltd. Announces Capital Injection Agreement with ABC Financial to Boost Subsidiary Sunoasis\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        Xinte Energy Co. 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While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Xinte Energy Co. Ltd. published the original content used to generate this news brief on June 18, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU1634259391.SGD","symbol_name":"Eastspring Investments - Asian Low Volatility Equity Fund AS SGD","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250618:nNDL5B67pV:1","article_id":"2544990868","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2544990868","pubTimestamp":1750254053,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Xinte Energy Co. 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Ltd. Announces Capital Injection Agreement with ABC Financial to Boost Subsidiary Sunoasis\n    \n\n        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.\n      \n\nDisclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. 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