Anton Oilfield Services (03337.HK): Proposed Spin-off of Tongao Inspection for Independent Listing on HKEX Main Board; Listing Application Submitted

NewTimeSpace · 2026/07/01 07:45 · By Xuran Lin

NewTimeSpace News: Anton Oilfield Services announced on June 30 that Tongao Inspection, its indirectly wholly-owned subsidiary, has submitted a listing application to The Stock Exchange of Hong Kong Limited for listing on the Main Board, and the proposed spin-off has obtained written approval from HKEX.

NewTimeSpace News: On June 30, 2026, Anton Oilfield Services (03337.HK) announced that Tongao Inspection filed a listing application with HKEX on the same day.

As disclosed in the announcement, Tongao Inspection is an independent inspection, testing and certification service provider serving the oil and gas energy sector, with an after-tax profit of approximately RMB 100 million for the 2025 fiscal year. It will remain a subsidiary of Anton Oilfield Services after the spin-off, and its financial results will continue to be consolidated into the Group’s financial statements.

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