Zhitong Financial App News, CNOOC Petrochemical (03983) announced that the company will be listed in Beijiao on June 27th, 2022, so it will sell the company's stake in Dayukou, Hubei Province, with an initial reserve price of 1.745 billion yuan.
In order to further improve the quality of the company's assets, the company plans to list and sell the company's stake of about 79.98% in Dayukou, Hubei Province. The Board considers that a potential sale (if implemented) is beneficial to the Group and will not have a negative impact on the Group's business and financial performance.