Oriental Energy controlling shareholder increases stake to 41%

Oriental Energy's controlling shareholder, Oriental Energy (Yangtze River) Co., Ltd., and its concerted party, Marsen Energy (Zhangjiagang) Co., Ltd., have increased their combined shareholding in the company.

As of September 24, 2025, Marsen Energy (Zhangjiagang) purchased 5,309,300 shares through centralized bidding on the Shenzhen Stock Exchange, representing 0.34% of the total share capital, at a cost of 45.6488 million yuan (excluding transaction fees).

This latest increase has raised the combined shareholding of Oriental Energy (Yangtze River) and its concerted parties from 40.66% to 41.00% of the total share capital. The share increase is part of a plan announced on April 9, 2025, aiming to acquire between 1.9% and 2% of the company's total share capital within six months, to bolster investor confidence and stabilize the stock price.

The share increase plan is still ongoing, with Oriental Energy (Yangtze River) and its concerted parties committed to further increasing their stake as planned.