Tianjin Jinran Public Utilities Company Limited has announced a continuing connected transaction related to the procurement of materials. This transaction falls under a framework agreement with Jinran China Resources Gas Co., Ltd, a controlling shareholder of the company. The agreement outlines that individual transaction contracts will be entered into for specific material procurement, adhering to the framework's principles. The Directors, excluding independent non-executive Directors, consider the terms of the Framework Agreement to be fair, reasonable, and in the company's interest. The principal activities of the group include the operation and management of gas pipeline infrastructure, along with the sale and distribution of piped gas in China.
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