Oriental Energy shareholder's buyback plan progresses

Oriental Energy announced that the buyback plan by its controlling shareholder, Donghua Oil (Changjiang) Co., Ltd., and its concerted parties, has reached the halfway point. The plan, initiated on April 9, 2025, aims to increase holdings by between 1.9% and 2% of the company's total share capital through methods permitted by the Shenzhen Stock Exchange. As of the announcement date, no shares have been purchased. Donghua Oil and its concerted parties have committed to refrain from selling shares during the buyback period and will complete the outlined plan. The company will continue to monitor the buyback activity and fulfill its disclosure obligations.