[Oriental Energy] Announcement to Creditors Regarding the Spin-off of Relevant Business Operations of the "Oriental Advanced Division" in Accordance with Regulations.
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Oriental Energy Technology Co., Ltd.'s board approved the spin-off of its "Oriental Advanced Division" into a new wholly-owned subsidiary, tentatively named "Oriental Advanced Co., Ltd." The spin-off is scheduled for July 1, 2026, and creditors are being notified to submit any objections.