Chinese People Holdings Renews Natural Gas Supply Agreement for 2026-2028
Chinese People Holdings Company Limited announced a renewal of its existing continuing connected transactions through the signing of the 2026-2028 Natural Gas Supply Agreement with Shaanxi Natural Gas. The agreement covers a period of three years from 1 January 2026 to 31 December 2028. The company outlined that the pricing for the natural gas supply will be determined according to established principles and internal control procedures. The transactions will be monitored on a monthly basis by relevant personnel to ensure compliance with annual caps and contract terms. The independent non-executive directors will review the transactions annually to confirm they are conducted in the ordinary course of business and on fair and reasonable terms.
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