Chinese People Holdings Company Limited announced that its wholly-owned subsidiary, Chongqing Civigas Co, Ltd, has entered into an agreement to acquire pipeline gas transmission and distribution assets located in Tongnan District, Chongqing, China, from Chongqing Tongnan District Huimin Gas Co, Ltd for RMB23.8 million. The transaction is considered a discloseable transaction under Hong Kong Listing Rules.
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