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JY Gas Limited Clarifies Subcontracting Agreement Terms
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JY Gas Limited Clarifies Subcontracting Agreement Terms

JY Gas Ltd. (HK:1407) has released an update.

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JY Gas Limited has provided additional details on their 2024 Subcontracting Framework Agreement, emphasizing that their fee structure for construction and gas-related services is based on prevailing market rates and has been determined through arm’s length negotiations. The company has implemented internal controls to ensure these transactions are fair and reasonable, aligning with market terms and comparable to independent third-party suppliers.

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