Huzhou Gas Co. Ltd. announced a supplemental update regarding its continuing connected transactions under the Cooperation Framework Agreement with City Group. The company indicated ongoing engagement with City Group related to the old-for-new housing purchase gift package, with the estimated total transaction amount exceeding RMB3 million. Additionally, a buffer of approximately 10% has been reserved to address potential increases in City Group's demand and anticipated cost increases due to inflation. The company also noted the expected cooperation with City Group on four projects in 2026, covering over 4,600 households and potentially resulting in transactions exceeding RMB13 million through the sale of alarm systems and air energy products. All other information from the previous 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. Huzhou Gas 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-20251201-11936967), on December 01, 2025, and is solely responsible for the information contained therein.
Comments