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Chinese People Holdings Co. Ltd. ( (HK:0681) ) has issued an update.
Chinese People Holdings Co. Ltd. has announced the renewal of its Natural Gas Supply Agreement with Shaanxi Natural Gas for the period of 2026-2028. This agreement, which involves the purchase of natural gas by Xi’an Civigas, a subsidiary of Chinese People Holdings, is set to continue the existing connected transactions under normal commercial terms. The agreement is exempt from certain regulatory requirements due to its nature as a transaction between connected persons at the subsidiary level. This renewal ensures the continuation of natural gas supply, providing stability and predictability for the company’s operations and stakeholders.
More about Chinese People Holdings Co. Ltd.
Chinese People Holdings Co. Ltd. is involved in the natural gas industry, focusing on the supply and distribution of natural gas. The company operates through its subsidiary, Xi’an Civigas, and engages in transactions with Shaanxi Natural Gas, a company listed on the Shenzhen Stock Exchange.
YTD Price Performance: 34.62%
Average Trading Volume: 4,907,589
Technical Sentiment Signal: Buy
Current Market Cap: HK$312.7M
Find detailed analytics on 0681 stock on TipRanks’ Stock Analysis page.