Binhai Investment Injects RMB4.4 Million in Sinopec LNG Capital Increase

Reuters2025-12-24
Binhai Investment Injects RMB4.4 Million in Sinopec LNG Capital Increase

Binhai Investment Company Limited announced that its wholly-owned subsidiary, Binhai Investment (Tianjin) Company Limited, has entered into a Capital Increase Agreement with Sinopec Natural Gas, a wholly-owned subsidiary of Sinopec Corp. Under the agreement, the registered capital of Sinopec LNG will be increased from RMB4,874,200,000 to RMB5,094,200,000 on a pro rata basis. Sinopec Natural Gas will contribute RMB215,600,000, while Binhai Investment (Tianjin) will contribute RMB4,400,000 in cash. Following the capital increase, the equity interests of Binhai Investment (Tianjin) and Sinopec Natural Gas in Sinopec LNG will remain at 2% and 98%, respectively. The funds raised will be used to support the expansion of Sinopec LNG’s operations. The transaction is subject to reporting and announcement requirements under the Hong Kong Listing Rules but does not require a circular or independent shareholders’ approval.

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