Tianjin Tianbao Energy signs natural gas procurement contracts with RMB 405 million annual caps

Reuters04-01
Tianjin <a href="https://laohu8.com/S/01671">Tianbao Energy</a> signs natural gas procurement contracts with RMB 405 million annual caps
  • Tianjin Tianbao Energy unit Lingang Thermal Power signed 2026-2027 natural gas sale and purchase contract with PetroChina Natural Gas Sales Tianjin Branch, effective April 1, 2026 to March 31, 2027.
  • Proposed cap for that contract set at RMB 370 million, including RMB 270 million for nine months ending Dec. 31, 2026.
  • Lingang Thermal Power also signed 2026-2027 natural gas supply and consumption contract with PetroChina Tianjin Natural Gas Pipeline, running April 1, 2026 to March 31, 2027.
  • Maximum transaction amount for pipeline supply contract set at RMB 35 million, including RMB 20 million through Dec. 31, 2026.
  • Transactions classified as continuing connected transactions at subsidiary level, triggering reporting, announcement, annual review requirements under Hong Kong Listing Rules.


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-20260401-12090282), on April 01, 2026, and is solely responsible for the information contained therein.

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