Binhai Investment (HKG:2886) subsidiary Binhai Investment (Tianjin) signed a cooperation agreement with the government of Deqing County in Zhejiang, China, focusing on urban gas and integrated energy projects.
The partnership includes natural gas infrastructure, renewable energy, and low-carbon industrial parks. The agreement aims to enhance energy efficiency, support industrial development, and promote green initiatives in the Yangtze River Delta region.
Both parties will explore joint ventures to implement key projects aligned with China's "Dual Carbon" policy, according to a Monday filing with the Hong Kong bourse.