Zhonghua Gas unit invests RMB 80 million in Tianjin high-pressure gas pipeline project

PUBT·04/30/2026 13:26:16

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Zhonghua Gas unit Tianjin Jin Re Natural Gas Sales agreed to invest RMB 80 million in Tianjin Jin Re New Energy to participate in a high-pressure natural gas pipeline project in Jinghai District, Tianjin.
Funds are due within 10 business days of April 30, 2026, funded from internal resources.
Investment converts into an equity stake in project company once construction is completed and accepted, based on RMB 80 million as share of audited total project investment.
If project milestones are not met by June 30, 2027, Tianjin Jin Re New Energy must refund RMB 80 million within one month.
Pipeline is designed to connect to PipeChina west-to-east trunkline, targeting annual transmission capacity of about 1.9 billion Nm3.

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. Zhonghua Gas Holdings 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-20260430-12140872), on April 30, 2026, and is solely responsible for the information contained therein.

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