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The latest update is out from Binhai Investment Co ( (HK:2886) ).
Binhai Investment Company Limited has announced a strategic move to enter into a letter of intent with Yishui Tongzhou Gas Co., Ltd. and its sole shareholder, Mr. Yang Yongqiang, to explore cooperation opportunities in the LPG market in Yishui County, Shandong Province, China. This initiative involves potentially acquiring a majority stake in Yishui Tongzhou or forming a joint venture to achieve exclusive operation in the region. The proposed cooperation is expected to accelerate market integration, enhance operational efficiency, and strengthen Binhai’s market influence in the LPG sector in Yishui County.
More about Binhai Investment Co
Binhai Investment Company Limited operates in the energy sector, focusing on liquefied petroleum gas (LPG) market operations. The company aims to expand its market presence and influence in the LPG sector, particularly in Mainland China.
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