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Tianfu Energy announced that Tianyuan Gas, a wholly-owned subsidiary, acquired 100% of Chengtong Oil and Gas's shares with RMB 21.4929 million in cash. The transaction has been approved by the board of directors, does not need to be submitted to the shareholders' meeting for consideration, and does not constitute a major asset restructuring. Chengtong Oil and Gas had revenue of 19.5687 million yuan and net profit of 8612,000 yuan in 2024; revenue of 11.1011 million yuan and net profit of 98,800 yuan for the first three quarters of 2025.

Zhitongcaijing·12/15/2025 11:49:07
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Tianfu Energy announced that Tianyuan Gas, a wholly-owned subsidiary, acquired 100% of Chengtong Oil and Gas's shares with RMB 21.4929 million in cash. The transaction has been approved by the board of directors, does not need to be submitted to the shareholders' meeting for consideration, and does not constitute a major asset restructuring. Chengtong Oil and Gas had revenue of 19.5687 million yuan and net profit of 8612,000 yuan in 2024; revenue of 11.1011 million yuan and net profit of 98,800 yuan for the first three quarters of 2025.