ST Intercontinental: The accounts receivable generated from the company's export of crude oil through its subsidiary in Kazakhstan have been settled in April.

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Everyday AI Express, ST Intercontinental (600759.SH) stated on the investor interaction platform on May 11 that the internal control rectification plan is being improved, and subsequent disclosures will be made according to requirements.
The related company’s non-operating fund transactions in the audit report mainly include accounts receivable from Antong Petroleum of 17.6886 million yuan, and the above amount is a normal transaction.
The company and Antong Petroleum are strategic partners, and in the future, they will cooperate deeply on the Iraq project.
This debt may be settled with business payments or returned in cash in the future, and as of now, the amount has not been repaid.
The collection situation of oil sales revenue from the Kazakhstan oil field in the first quarter:
The accounts receivable formed by the company’s export of crude oil through the Kazakhstan subsidiary have been settled in April.

(Reporter Wang Xiaobo)

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