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Tianjin Tianbao Energy Enters New Natural Gas Supply Contract

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Tianjin Tianbao Energy Enters New Natural Gas Supply Contract

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The latest announcement is out from Tianjin Tianbao Energy Co., Ltd. Class H ( (HK:1671) ).

Tianjin Tianbao Energy Co., Ltd. announced that its subsidiary, Lingang Thermal Power, has entered into a new Natural Gas Supply and Consumption Contract with a connected natural gas supplier. This contract, effective from May 23, 2025, replaces a previous agreement that expired in March 2025. The transactions under this new contract are considered continuing connected transactions, subject to specific reporting and review requirements under the Hong Kong Listing Rules. The Board has confirmed that the terms are fair and in the company’s best interest, exempting it from certain shareholder approval requirements.

More about Tianjin Tianbao Energy Co., Ltd. Class H

Tianjin Tianbao Energy Co., Ltd. operates in the energy sector, focusing on the procurement and supply of natural gas. The company is involved in thermal power generation and is a joint stock company incorporated in China.

Average Trading Volume: 79,600

Technical Sentiment Signal: Buy

Current Market Cap: HK$91.15M

See more insights into 1671 stock on TipRanks’ Stock Analysis page.

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