Marine oil development: plans to sell cold energy business and assets to affiliated parties for 3.71 billion yuan.

Haiyou Development announced that the company plans to transfer its 70% equity and debt of Zhuhai Air Separation, 65% equity of Ningbo Air Separation, and 50% equity of Fujian Air Separation, as well as the assets of the Cold Energy Center to Haizhuo Company. The total transfer price is 371 million yuan. The company established the Cold Energy Center in 2022, which is a research institution of the company's clean energy subsidiary, mainly engaged in technical research, industrial planning, and business expansion in the field of cold energy utilization and carbon reduction.