Chinese People Holdings Renews Natural Gas Supply Agreement for 2026-2028
Chinese People Holdings Company Limited announced the renewal of its continuing connected transactions through the signing of the 2026-2028 Natural Gas Supply Agreement between its indirect non-wholly owned subsidiary, Xi'an Civigas, and Shaanxi Natural Gas. The agreement is set to continue after the expiration of the current 2023-2025 Natural Gas Supply Agreement, which ends on 31 December 2025. The company stated that the terms of the new agreement are considered fair and reasonable, and that none of the directors have any material interest in the transaction. The arrangement remains subject to annual review and disclosure requirements under the Hong Kong Listing Rules.
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