Tianjin Tianbao Energy issues supplemental disclosure on natural gas procurement pricing terms

• Tianjin Tianbao Energy issued a supplemental announcement to add pricing policy details for continuing connected transactions covering natural gas procurement disclosed on April 1, 2026.
• It clarified that a 20% charge on any monthly shortfall versus minimum consumption under contract with Natural Gas Supplier A is set solely by Supplier A, applies to all first-tier customers, and is described as non-negotiable.
• It also detailed that Supplier A composite price is a weighted average of a fixed portion set by Supplier A and a floating portion linked to China Liquefied Natural Gas Delivered index price published by Shanghai Petroleum and Natural Gas Exchange.
• For contract with Natural Gas Supplier B, it added procedures requiring advance price checks versus two other connected pipeline suppliers and comparison versus Tianjin Development and Reform Commission benchmark sales prices.
• Tianjin Tianbao Energy said all other information in April 1 announcement remains unchanged.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Tianjin Tianbao Energy Co. Ltd. published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260421-12113385), on April 21, 2026, and is solely responsible for the information contained therein.