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Qiaoyuan Co., Ltd.: Wholly owned subsidiary signs a 1.7 billion RMB industrial gas supply contract

K-LinePoet
Qiaoyuan Co., Ltd. announced that its wholly-owned subsidiary, Qiaoyuan Gas (Meishan) Co., Ltd., has signed an "Industrial Gas Supply Contract" with Wanhua Chemical (Sichuan) Co., Ltd. According to preliminary estimates, the contract amount for pipeline gas is approximately 170 million RMB (excluding tax), with the final amount subject to actual settlement. The contract becomes effective upon signing and sealing by both parties, with a term of fifteen (15) years from the date of effectiveness. If the contract is successfully fulfilled, it is expected to have a positive impact on the company's future financial condition and operating results.
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