chinajapanfootball| Ancai High-tech: Plans to sell natural gas assets to controlling shareholders
editor 2024-05-23 23:14:36 Finance 35
Ancai High-tech AnnouncementchinajapanfootballIn order to properly resolve the potential horizontal competition between the company and related parties in the LNG/CNG business, Ancai High-Tech plans to sell its 100% equity stake in Ancai Gas and its natural gas assets such as LNG/CNG to the company's controlling shareholder Gas Group, a wholly-owned subsidiary of Henan Investment Group. The total amount of this related party transaction is 1,599chinajapanfootball.07 million yuan.