Kunlun Energy Company Limited disclosed that on 30 October 2025, a Sale and Purchase Agreement was signed involving Xinjiang Xinjie Energy Co., Ltd., a wholly-owned subsidiary of Kunlun Energy, and Xinjiang Hengsheng Energy Science and Technology Co., Ltd. The agreement covers the transfer of equity interests in Xinjiang Xinjie Petroleum Co., Ltd., which is currently owned 51% by Xinjiang Hengsheng and 49% by Xinjiang Xinjie.
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