Hilong Holding Limited Announces 2025 Pipeline Cleaning and Inspection Agreement
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Hilong Holding Limited has announced a pipeline cleaning and inspection agreement dated April 15, 2025, with its Libya Branch and an Independent Client. This contract is part of the company's strategic initiatives to revise annual caps for transactions under the 2025 Hilong Energy CCT Agreements. Transactions exceeding the 5% threshold require compliance with reporting and approval requirements. Chairman Zhang Jun abstained from voting on related board decisions due to material interests.
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